|
PureBytes Links
Trading Reference Links
|
Well, Mr Shaeffer is picking a stock with a PE of 200 and a forward PE of
133 while SOLF has earnings of 1.29 versus .58 for FSLR for the same
quarter. SOLF has a forward PE of 5 and blew out 3rd quarter
earnings by 257%. For me to consider FSLR, it would need to come
down by about 80% but people like Mr Shaeffer and those analysts at Zacks
keep it in the spotlight so that won't happen. I guess it's a
matter of following a mania stock or picking a stock with its future in
front of it. Maybe Ira is right about following the money but SOLF
has more volume than does FSLR and a far brighter future so I'll follow
my common sense and we'll see what happens.
Thanks for the information,
Bob
At 04:33 PM 12/29/2007, you wrote:
Bernie Shaeffer - options guru
- in Annual Forcast says he like FSLR. Says it has earned Zacks.com
rating of 1.0, suggesting strong earnings momentum and for the
intermediate term. In early Novemenber, Co. reported third qtr net
income of $46MM, or 58 Cents/shr, a colossal jump from the previous yeare
of 4.29MM or 7 Cents/shr. Revenue more than doubled during the
reporting period , and both headline numbers trumped analysts'
expectations. He says skeptisim makes for a compelling contrarian
opportunity. Short interest currently accounts for nearly 1/3
of the entire available float, paving the way for potential
short-covering rallies if the bears decide to jump ship.
Bermie says he is also intrigued by SPWR and SOLF. He says
(PBW) PowerShares WILDERHILL CLEAN ENERGY PORTFOLIO best
corresponds to the alternative-energy sector as it currently holds 42
components, all publicly-traded firms.
It has been a pocket of strength of late, outperforming the SPX by a wide
margin.
It has gained 62% since the beginning of the year along with impressive
support from it 20- week and 32 -week moving averages.
The PBW is also trading back above the $24 region, an area of former
resistence that may now provide support.
Happy and Prosperous New Year to All........I have enjoyed the solar
commentary and have these items on my "watch list" for buying
opportunities should they present themselves. THX
AGN.................Gerryb/jer33:3
In a message dated 12/28/2007 9:34:58 P.M. Eastern Standard Time,
profitok@xxxxxxxxxxxxx writes:
- Here is the perfect stop loss and fslr
-
- date of this is 12/27/07(yesterday)
-
- a:notice how the lowest line, held you in long , for this whole
run up,
-
- b: notice how when price is too much above the highest line, it
time to liqidate,
- a portion of your investment,
-
- c: Notice how penatration ,of the highest line, brings more
selling and price goes further down,
-
- so
- going into yesterday you would have been already out of
20-30% of your position with stop loss for another 25% at
273.77
-
- the following e mail will show how you would get stopped out and
where the lines are at todays close
-
- Ben
- profitok@xxxxxxxxxxxxx
-
See AOL's
top rated recipes and
easy ways to stay in shape for winter.
__._,_.___
![]()
__,_._,___
|