First Solar, Inc
FSLR 108.62 -2.50 (-2.3%)
First Solar is a maker of solar electric power modules. They use a proprietary thin film semiconductor technology. Those solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity.
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First Solar, Inc
Last month
FSLR has dropped 32% since reaching its high in May, 2009 and for the past four months it has traded in a narrow range of 120.00 - 140.00. Investors have obviously lost their enthusiasm for this company. In my opinion these and other "Green" companies will fade until they can turn a profit without government subsidies. While politically correct and a popular topic in the media, Green Energy will not pull this country out of recession.
A while ago
Stock has plummeted even though FSLR announced that it will build a 500 MG power plant for about 170,00 California homes. Producing electricity at 100 X the cost of more conventional enery (fossil and nuclear) solar power will not pull us out of this recession.
A while ago
Company has great earnings and future prospects are excellent for this leading solar company.
A while ago
SunTech sentiment dropping quickly, oversupply of panels coming out of China, analysts haven't factored it in yet
A while ago
rapid rise to the top sharp sell off now the company has to execute. With the help of government this stock should have all the right chances to succeed in th enext 4 years
A while ago
Cadmium used in their product is a total timebomb. China is massively surplused with solar stuff. I'd avoid this stock.
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