UPDATES: The stock is now up $8.23 at $164.33.
see: "First Solar: Goldman Sachs Suggests Selling Covered Strangles (FSLR)"
First Solar is the most shorted stock in the S&P 500.
The stock is trading at $163.00, a level not seen since July 2009.
We feel for our bearish brothers and we tried to warn them:
Jan 31As they used to say in the British nature films, as the lions approached the wildebeest:
"Pick off the Offer" Buying in First Solar (FSLR)
Goldman Sachs vs. the First Solar Bears: "First ya tree 'em, then ya kill 'em" (FSLR)
And That's a New 52-Week High for First Solar (FSLR)
UPDATED: Aha! "Goldman Sachs added First Solar to its Conviction Buy List" (FSLR)
First Solar: Setting up for a new 52-Week High (FSLR)
First Solar "Holy Uptick Batman" (FSLR)
First Solar Continues Breakout (FSLR)
"...Solar stocks are poised to rebound sharply in 2011..." (FSLR; SOL; TSL)
You don't have to hit me upside the head more than a couple times.
When First Solar was up $3.00 earlier this morning I thought " Say.... Something may be happening".
Currently up $1.70 at $135.28....
Sadly now, there can be but one outcome.