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FSLR up big today

Posted on 4/9/13 at 12:51 pm
Posted by C
Houston
Member since Dec 2007
28262 posts
Posted on 4/9/13 at 12:51 pm
peace out bitches...

LINK

quote:

The company issued optimistic 2013 guidance, calling for full-year diluted earnings between $4 and $4.50 a share and net sales of $3.8 billion and $4 billion. Operating income should be between $430 million and $460 million, the company said in a statement.

Analysts had expected the solar panel systems provider earn $3.60 a share this year, according to FactSet. Sales were seen around $3.17 billion


This post was edited on 4/9/13 at 1:35 pm
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 4/9/13 at 1:18 pm to
crazy, almost traded it this morning but I couldn't just because of solar's track record...
Posted by C
Houston
Member since Dec 2007
28262 posts
Posted on 4/9/13 at 1:22 pm to
I've held onto it for over a year waiting on this moment...

Uncle sam made a lot of money today...
Posted by Zilla
Member since Jul 2005
10653 posts
Posted on 4/9/13 at 2:07 pm to
weren't you down big though? what was the explanation for the improved guidance when just a month ago they were worried?

eta: congrats
This post was edited on 4/9/13 at 2:08 pm
Posted by C
Houston
Member since Dec 2007
28262 posts
Posted on 4/9/13 at 2:13 pm to
quote:

weren't you down big though?


yes. They were doing a lot of restructing in the business to take away of the risks from lower cost solar panels flooding the market. I thought it was a strong long term play that would pay off. They had a very good balance sheet so I thought the company was worth $40 when I bought.

quote:

what was the explanation for the improved guidance when just a month ago they were worried?


They predicted a lower 1Q. As they are big into projects, they have ups and downs on the revenue side.

quote:

congrats
Thanks!

Posted by Zilla
Member since Jul 2005
10653 posts
Posted on 4/9/13 at 2:19 pm to
u sell ?
Posted by C
Houston
Member since Dec 2007
28262 posts
Posted on 4/9/13 at 2:23 pm to
quote:

u sell ?


Yes. Hence uncle sam getting paid.
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 4/9/13 at 8:05 pm to
crazy, almost traded it this morning but I couldn't just because of solar's track record...
Posted by C
Houston
Member since Dec 2007
28262 posts
Posted on 4/9/13 at 9:03 pm to
Wow that's a very late double post...
Posted by eng08
Member since Jan 2013
6010 posts
Posted on 4/9/13 at 9:13 pm to
I have some TSL, bought most of it around $7 and more around $3.
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 4/9/13 at 9:50 pm to
Dang that is weird that it double posted so late, hadn't even been on the board since the earlier post.
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