1. Soros Fund Management bought 1.6 million call options on FSLR. 2. This position is worth over $202 million, indicating significant bullish intent. 3. Soros' investment contrasts with general skepticism regarding solar stocks. 4. Analysts have lowered expectations, but Soros sees potential upside. 5. FSLR now ranks as Soros' second-largest holding in his portfolio.
Soros' sizable investment in call options indicates confidence in FSLR's potential upside. Historically, Soros's contrarian investments have often led to significant market movements in the stocks he backs, similar to previous successful bets on market turnarounds.
The substantial investment and its contrast with overall market sentiment are crucial developments for FSLR's potential market performance.
Given the immediate market sentiment shift from Soros's investment, short-term price bumps can be expected. Stocks often react quickly to major bets from influential investors like Soros.