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"Trading" Short Alert In Solars (FSLR/SPWR)

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Posts: 9
 
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Joined: Jan, 2006
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Posted: #1
Intel (INTC) is entering the solar photovoltaic market.  I had a feeling they'd do this.
 
Will they produce better and cheaper semiconductors for solar cells than FSLR and SPWR?  I don't know.
 
What I do know is this is "NOT" good news for FSLR and SPWR at the moment.
 
Am going to try and attempt to put on a sell short (common only) of either FSLR or SPWR today.  This is a "trade" only, as I don't have enough inside info or insanity to pile on with all the other shorts for very long in either of these names.....it can and would be deadly if the manipulators decide to take this higher, cause then the shorts will bail out like there's no tomorrow.
 
Cheers
 
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Posted: #2
SPWR is garbage, but can't short the common, and I don't deal with options (even SPWR's DITMs have bullsheet spreads).
 
Anyway, sold 300 shares FSLR common short at 283.70.  Stop loss at 294.87.  Will look to bail out today if I can hit it quick.  Scary, scary, scary is FSLR-----either side it can kill you at light speed, and while you're dying, time will stand still.
 
 
 
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Joined: Feb, 2003
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Posted: #3
CC,

I think you get stopped out.

The solar short doesnt feel right to me..not with oil where it is.

Just because Intel is entering the space doesnt mean there isnt room enough for others.

You know that AMAT has been in the space for quite a while right?
 
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Posted: #4
Yeah, WSC, I know all about AMAT, WFR, CY, etc......
 
Technically, looks like my short trade today is going to get beaten up. 
 
May have to "cut losses" and take the assf--k before the stop loss.  This was a trade only, though, yet everyone and his dog know that FSLR will "eventually" get taken out and shot....a la Iomega from the 90s.
 
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Posted: #5
CC,

I agree with you 100% about where it goes eventually.

The problem is we need a catalyst, plus the damn thing is so shorted that any sniff of good news sends the sucker running.

It needs to start breaking before I would go short, it just doesnt feel like the right time to me.

I could be wrong and you could be ok, maybe it stays under 290 today and you get a reversal..I hope so.



 
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Posted: #6
I don't see it (as far as a reversal today), man.  Am going to bail right here and just take the assf--k and live to see another day.
 
Way it goes......no possible way to deal with manipulators except surrender losing trades before it gets worse.
 
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Posted: #7
Bought to cover 300 FSLR at 285.48.  I got "lucky" that it wasn't worse.
 
Let's see............
 
300 x (283.70-285.48).......plus 20+ bucks in commission........
 
A good 550 dollar assf--k to start the day.
 
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Posted: #8
Could be worse (and then again it damn sure could be better).......have lost way more than that before in way less time doing this insanity.
 
Will look to do something else today......have no clue what.
 
 
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Posted: #9
And Goldman (GS) starts to tank......
 
Goddamn it.
 
It was either short that one or short a solar, and I picked the wrong mofo to fight, cause I took an ass-whupping.
 
"Thought" enough hype and hoopla buying yahoos "thinking the worst is over" would keep GS afloat today.
 
WRONG!!!!!!!!!!!!!!!!!!!
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