Ah yes, it feels like 2006 all over again with First Solar destroying estimates, and the Cajun installing solar panels on his double wide trailer. Have any of you guys glanced over the $FSLR numbers for the most recent quarter? YUGE BEAT, YUGE RAISE. This thing is going to $60 in a hurry, and yes we are long inside Exodus (so I’m talking my book).
Exodus gave us the heads up as we began the week, see my earlier tweets below:
THEY ARE BUYING SOLAR PANELS TODAY
— Cajun (@RaginCajun) October 23, 2017
Strong action from $FSLR. Very bullish action in solar
— Cajun (@RaginCajun) October 23, 2017
A Few Junk Stocks To Watch As We Begin The Week – $AMD $JCP $SHLD $RENN FSLR $CSIQ $SPWR $RGSE https://t.co/A6hhDI7EUj
— Cajun (@RaginCajun) October 23, 2017
$TAN pic.twitter.com/ej1SaetiuJ
— Cajun (@RaginCajun) October 23, 2017
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So what’s the play here? Buy dips in $FSLR, every dip. This thing has potential to hit $100, seriously. $CSIQ is another name I like here, and think we see $20 in a hurry.
And, for you gamblers out there, check out little $RGSE. This ticker has been on my runner screen damn near every day this week. The company has a history of diluting shares, similar to $DRYS, but the dilution appears to be done. The company just announced a big partnership with Dow chemical for rooftop like panels, and appears to have that momo-like flag pattern. No way am I endorsing this name, and under $2/share it’s a straight sell, but it is something to watch.
The Solar Rally of 2017 is upon us. Developing…..