FSLR update

The usual then (a year ago) and now charts;

fslr apr 2012fslr apr 10 2013

And the text, quote

Last time we were ambivalent about this stock. Now, that is after loosing $300 out of $320, the stock might actually be ripe for a decent , however not without a tight stop. Potentially a bounce could double the value of this stock and given the recent bad news this might just be the right time.

unquote.

Well we were about 40 days too early and $8 too high, but if you had followed this recommendation you would now have doubled your money! See detailed chart below;

fslr apr 10 2013 s

The stock hits the low at the beginning of June, which is also where the breakout is. Some may argue that a tight stop was recommended. True, but even so one could have re-entered the position a number of times and more than doubled your gain. Next stop is probable $50.