My picks are becoming stocks that have fallen so far they cannot fall further ,
So far my bottom picks have been quite bang on the nail.
Now FLSR has come to my attention...
First Solar, Inc. (Public, NASDAQ:FSLR)
It has fallen a fair amount, its mean target price is $166 with a high of $280 and a low of $72. Its median target is $177. I would love to see it hit $100. That's would be a very sharp buy signal.I am not certain how low it will go but judging by the money flow index it has bottomed out and is now going sideways.
FBR Capital Markets maintained Underperform rating and $110 price target on FSLR. Broadpoint AmTech maintained Buy rating and $250 price target on FSLR.
A buy under $115 would be a safer gamble and there are alot more technical points you might like to see on the chart and factor in 9 lower price targets in the past four weeks out of 35 analysts and 4 lowered ratings it is a risky venture but it appears to at least have a decent P.E and EPS $6.91.Is this the bottom for FLSR I think it is very well has hit bottom at $122.
Which reminds me AFN is an interesting stock with a EPS of $3.11 but trading at .89 cents and likes to dip alot. It's uptrending at the moment.
Considering bank of ireland is rising rapidly to high of $17.50 afterhours then its guess work but AIB might trail as it usually does and move up to $8.75 from $7 its at now. Depending on the global and domestic markets.