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First Solar, Inc. Message Board

  • frenzychess frenzychess Nov 14, 2009 6:58 PM Flag

    Let's See If I Have This Right?

    FSLR blows away estimates two Q's ago, then beats again, missing on revenue due to a two day miss to have the revenue counted in the quarter. Most of the money for alternative energy credits from the $800 billion dollar rescue package is coming due early 2010 and FSLR will be a big beneficiary. The market for FSLR's product is supposed to double by 2013. And the stock is down from $190 to $118?

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    • What you really need to understand:

      1. 75 percent of FSLR's business is in Germany. German is canceling all solar subsidies. Do a google search, the chancellor has already said its a done deal.

      2. The second biggest market in the world is China. FSLR has a few small deals their but the Chinese domestic companies are much more dominate and have a better cost structure.

      3. FSLR's panels are facing a potential ban in several european countries.

      4. The climate bill is tied up and the govt is too worried about health care and the economy. It will be years if it ever passes.

      You can make up all the excuses you like, but the facts are in the price. We should see 60 next year.

    • You gwad-dang right...

61.94-0.95(-1.51%)Apr 17 4:00 PMEDT