Stocks: Sanjay Shrestha on FSLR
He was on Fast Money today and he said FSLR is a buy at current level. He says the stock alone is worth $40 in cash and $20 in property.
FSLR looks tempting at one third from its highs this year. Another analyst yesterday had come to fast money and declared FSLR to bankruptcy.
What do you all think??
Now that he's pumping it
technically .... play it for the bounce..inverted hammer today(bullish indicator) ..43.60 as a stop ...today's high and 46 and 47 as resistance
hoping for a short squeeze, play the stock not marry it
fundamentally...who knows... solyndra went bankrupt!!!and if its already below bookvalue it is already so much below book value it can go down further
jst my opinions
How abt that call on FSLR!!!
Nah not really...it had already hit my stop at 43.60
its low was 43.53 but it had news about takeover PV pipeline .. thus the spike of 2 dollars...but most of the times charts just precede the news...somehow the charts know the news before hand ..i guess
(i wouldn't buy it as of this minute though...up too high)
later
Bought 10 Dec 50 calls in the name of Brotherhood. I hope brother has pumped the crap out of this POS.
It has a decent volume on the first hr of trading. I hope Lazzard bros have some skin in the game on this.
Last edited: 17-Nov-11 09:37 AM
did he disclose his position? or did he have any?
I don;t think so. No one asked him of thier position and he did not reveal. But he was pumping it though.
sold those 10 calls today @ 3.60
At one point they were trading near 0.30 after i bought them for 2.00ish
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