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First Solar, Inc. Message Board

  • akellyforniagirl akellyforniagirl May 8, 2008 12:47 PM Flag

    Why is FSLR trading so high? Would like to hear from others

    I've only been trading a few years, but it seem illogical that a stock would have a market cap of $22 billion, with current sales only $600 million.

    I mean, you can project future sales all you want, but that doesn't mean the sales will be there and increase q over q or y over y. I've done my homework, and many analysts are predicting more competition, lower margins, and a weak global economy, even if the US recovers, all of which will contribute to a decrease in sales for FSLR.

    I really think the market is not realistic here, and was thinking of going short my first stock (I've always been on the long side)

    Anyone have any thoughts? Thanks, Kelly

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