No Shine in First Solar (FSLR)
First Solar Inc. (NASDAQ: FSLR) is down after a Barron’s report said that its recent earnings gain came on the heels of aggressive accounting. This has already been defended by Jefferies this morning, with a reiterated BUY rating. But the damage is done and shares are down on what is still rather light trading volume. [...]
PREMARKET ALERT: First Solar (FSLR)
First Solar Inc. (Nasdaq: FSLR) shares are down more than 7 percent to around $160 on heavy volume of about 150,000 shares. The company reported strong earnings, but had increasing receivables, as well as negative comments on its conference call regarding solar pricing, and the ability of customers to get debt financing for projects outside [...]
After-Hours Price/Volume Winner: SunPower (SPWRA, SPWRB, FSLR, STP, ENER)
SunPower Corp. (NASDAQ: SPWRA) managed and upside surprise for the quarter and guided higher for the year. SPWRA has traded 833,000 shares after the close and is up almost 18% at $29.25 as of 5:26 PM EST. The SPWRB shares are up almost 19% at $25.60, but on volume of 122,000 since the close. SPWRA [...]
Volume Alert: First Solar (FSLR)
First Solar Inc. (Nasdaq: FSLR) shares are down about 4% as of 11:10 a.m. Eastern, on strong relative volume compared to its average first two hours of trading. The company’s first analyst day in more than a year was hosted in Las Vegas yesterday, and it received a lukewarm response from investors and analysts. The [...]
Price/Volume Alert: First Solar (FSLR)
Shares of First Solar, Inc. (NASDAQ: FSLR) are getting hit to the downside this morning. Because there is still almost two hours until the open and because most NASDAQ quotes are still off screen the volume is still very light. But shares are indicated down almost $4.00 from the $171.19 close on Wednesday. Canaccord Adams [...]
Price/Volume Surge: Solar Stocks (FSLR, LDK, SPWRA, TAN, SOLR, STP)
SOLAR STOCKS ON FIRE…….. As of 1:25 PM EST First Solar, Inc. (NASDAQ: FSLR) $155.38 (+$21.40) Day’s Range: $135.65 to $158.49; 52wk Range: $85.28 to $317.00 Volume: 5,305,547; Avg Vol: 4.1 million LDK Solar Co. (NYSE: LDK) $8.35 +$2.46; +41.77%) Day’s Range: $6.20 to $8.47; 52wk-Range: $3.75 to $52.40 Volume: 8,962,559 Avg Vol: 2.2 million [...]
VOLUME SPIKE: Solar Stocks (LDK, FSLR, CSIQ, JASO, ESLR, SOLF)
We are seeing a sharp rise in the volume of solar power stocks this morning. Unfortunately, it is to the downside despite some peers holding up on the news. LDK Solar Co. (NYSE: LDK) issued a warning for Q4 and for 2009 revenues and margins, and you can see the full description of their warning. [...]
Volume Spike: Solar Power Players (FSLR, SOLR, JASO, SOLF)
As of 9:09 AM EST we are seeing a substantial interest in the price of solar power stocks. Stocks in general rising are helping out, and the pop of $2.00 in oil today probably is not hurting matters. First Solar (NASDAQ: FSLR) $92.81 close, $98.00 last, +5.6% on 23,000 shares. GT Solar (NASDAQ: SOLR) $2.49 [...]
Severe Price Alert: JA Solar & Other Solars Now (JASO, CSIQ, FSLR, SOLF)
JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) is down sharply this morning and this may spill over into other solar stocks even if it is isolated news. The company posted a loss for the quarter on what it is blaming as exposure to Lehman. Unfortunately it is also lowering itrs forecasts. At 8:33 AM EST [...]
Solar Stocks Killed By SunPower (SPWRA, FSLR, CSIQ, STP, LDK)
SunPower Corporation (NASDAQ: SPWRA) is being hammered hard this morning after teh solar stock lowered its guidance. The company said that the rise in the US Dollar is hurting earnings. Outside of currencies, it maintained guidance. It sees Q4 revenues between $388 and $418 million and net income of at $0.58 to $0.65 on an [...]
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