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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Wednesday, August 8, 2012

Solar stock FSLR moving

Back on June 27th I posted "Solar, buy low, sell high".

Back then, FSLR was in the 15 dollar range.
Over the last few days FSLR has been moving at a pretty good clip.
Over the LONG haul, the ETF TAN (solar ETF) I still think is a no brainer.
And FSLR was at one time at 300 a share, so even at 21, maybe not expensive.
However, it would be nice to buy on a pullback, 14 to 21 is pretty big % in such a short time.

TAN hasn't recovered fully to the 27th price of 17.5

Chart on FSLR


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