I wanted to trade it earlier around 27.95, but I was in a trade already (using the capital). I lost on that trade btw!!! Around 1:45, I felt the urge to check on FSLR and WHAM!!! I could've also gotten in for a quick $1.20, but I was frozen in amazement and disbelief. I'm slightly bummed, because I'm crying over something I didn't even trade today.
Here's the story behind this major move:
First Solar shares smoking on ’13 guidance
April 9, 2013, 2:02 PM
By Claudia AssisShares of First Solar Inc. FSLR +36.80% rallied so much on Tuesday they triggered a Nasdaq circuit breaker and trading was halted.
The reason? The company issued optimistic 2013 guidance, calling for full-year diluted earnings between $4 and $4.50 a share and net sales of $3.8 billion and $4 billion. Operating income should be between $430 million and $460 million, the company said in a statement.
Analysts had expected the solar panel systems provider earn $3.60 a share this year, according to FactSet. Sales were seen around $3.17 billion.
Shares surged 38% after trading resumed.
First Solar ended 2012 with EPS of $4.90 and net sales of $3.37 billion.
First Solar held an analyst day in New York on Tuesday.
P.S. I just took a play in FSLR....Will show the results at the end of the day!!!!!