2/21/25 - $fslr - Cannon take fire. long.2/21/25 :: VROCKSTAR :: NASDAQ:FSLR
Cannon take fire. long.
- this is by no means as big as NASDAQ:NXT given my conviction, familiarity w/ that one
- but we've reached the point of "come on guys"
- my thesis is we're in the middle of the stock market crash and it's been asynchronous which is why nobody is noticing and different mag7s have been used/ picked weekly to dampen vol. but if you look at any of them on a stand alone basis, you'll see -15% to -30% from peaks to troughs
- will orange guy come and shoot solar headlines? guys idk, if i had a crystal ball i'd probably be warning everyone not posting on stonks
- but fslr cash gen and leadership in the industry, multiples seem v v v reasonable here esp given it's a much higher quality name than enph, sedg both of which put up amazing results (not rewarded bc tide go out - we've been talking about this)
- but some of my heavy cash has gone to this one today. next week they report. i'm v clear that ex post seems to be a better game to play esp w names less familiar or playing just tape/ multiples
- but seeing industry laggards report good results
- and the stocks only go lower
- we're in value territory here w/ fcf yield >10%
- i'll be hitting the big hard on a risk off, so have ammo to go, but not playing this light. we're doing pretty well on the year, so i'm pressing the advantage and working off the above thesis.
V
