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April 30, 2010
Edited: April 30, 2010
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This is a routine event for WFR for last 4 earning announcements. Folks always slowly buying in 15 days and raise the price up by 15%. Can you take advantage of it. I will be buyer in 5 days and hold.
Same applies to Nokia. Check out the charts. I will be buying Nokia on May 12 per my entry in my book. Just picked at random or any big down day after that date. I do not want to sit on dead money for 30 days. I have limited funds to trade in personal account.
wfr, nok can make 40% plus annual return with timely buy and sell orders - four round trip trades per year. You can double this return for additional risk of short selling before each earning date - means sell long postion two days before earning date and go short.
TELL ME WHO REALLY MAKES 40% RETURN EVERY YEAR - YEAR AFTER YEAR - DO NOT LIE - PLEASE. If you did that you will not be reading this blog!!!!
Please do your own home work before buying or selling.
MEMC Elec: Color On the Quarter (15.94 ) : Wunderlich Securities notes that WFR reported 1Q10 results last night after the close and missed the bottom line estimates despite having higher revenues due to lower gross profit margins, higher expenses, and higher taxes. Management said it has planned price increases in the next two quarters and was upbeat about making them stick. The firm believes the co is going to have to see this happen in order to meet its full year target for earnings... Oppenheimer lowered its target to $16 from $18 following disappointing results amid an improving semi and solar backdrop. Oppenheimer states, despite sequential growth in semis, the segment remains unprofitable due to manuf optimization and high opex. In solar materials, strong industry demand is driving increased shipments, but ASP declines and higher wafer costs are keeping margins depressed in the near term. Surprisingly, SunEdison was the shining star, delivering strong revenue and upside to annual guidance.