Shorting First Solar; Possibly Long Monsanto after Tomorrow's Earnings Release (FSLR; MON)

The First Solar call is based on flagging momentum going into earnings (which will beat) and the recent CFO's insider sell* (small but his timing was good last quarter).

 Monsanto scares me but tomorrow may be the washout. The conference call will start at 9:30 a.m. ET.
Here's the webcast info.


FSLR closed up 0.25% at $142.63, MON at $48.80, up 2.16%, a bit better than the market.

*From GuruFocus:

Eaglesham David J	Chief Technology Officer	2010-10-01	Sell	3627	$146.54	-2.91
MEYERHOFF JENS	CFO, Pres, Util. Sys. Bus.	2010-10-01	Sell	3125	$146.45	-2.85
Estate of John T. Walton	10% Owner	2010-09-15	Sell	178987	$140.86	1
JTW Trust No. 1 UAD 9/19/02	Member of 13G group	2010-09-14	Sell	79301	$141.47	0.57
JTW Trust No. 1 UAD 9/19/02	Member of 13G group	2010-09-13	Sell	15315	$140.15	1.51
Estate of John T. Walton	10% Owner	2010-09-13	Sell	15630	$140.15	1.51
Eaglesham David J	Chief Technology Officer	2010-09-01	Sell	3627	$129.74	9.66
MEYERHOFF JENS	CFO, Pres, Util. Sys. Bus.	2010-09-01	Sell	3125	$129.01	10.28
Sohn Bruce	President	2010-08-30	Sell	12000	$126.98	12.04
MEYERHOFF JENS	CFO, Pres, Util. Sys. Bus.	2010-08-17	Sell	5000	$125.62	13.25