Notable Calls submits:
Solar stocks may be under attack again today... Bloomberg is reporting First Solar's (FSLR) 2nd largest shareholder sold half his shares. Meanwhile, Chinese poly wafer producers LDK Solar (LDK) and ReneSola (SOL) have been downgraded. It is noteworthy that Morgan Stanley underwrote LDK's convert offering and upgraded LDK at the same time. MS seems to come clean finally that LDK is not a buy.
Time to short FSLR too. I've noticed that FSLR CEO Ahearn sold nearly 1/2 of his position since it started to trade in the high $200s. How could that not be bearish for the stock when the firm's founder dumps his shares like thin film is going out of fashion.
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