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Gold/Mining/Energy : First Solar, Nasdaq: FSLR
FSLR 266.94+14.3%Oct 31 9:30 AM EDT

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From: The Ox8/6/2013 6:19:46 PM
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FSLR down to $42.52 last trade after hours.

Missed on revs and eps. Bought GE solar's portfolio and a Mexican company's solar assets. Guided down for revs and eps for the current FY.

My comment is that the sell off is over done but a miss is a miss, especially in this market.

One would assume there will be a lemming response by analysts to all line up and dump FSLR over the cliff. If this ends up being the case, I will find this very interesting in the light of the increased expectations for the entire industry. Price to sales of 1 and a PE of 10ish....

My advice is to wait for the dust to settle, look at the future growth and current overall financial metrics before deciding whether or not to add or sell here. At last look, the size of the short position in this stock is still "unreal", over 22% of the float, even though it's been declining for a while.
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