Because they did a huge dilutin and gave no good reason as to why they did it or what they plan to do with nearly half a Bill, GnA expenses doesnt cut it. If this was purely an opurtunistic cash raise cause the stock price run then that is a HUGe negative sign they just took advantage and feel the price is way over what it should be. I DO NOT believe that to be the case and I think for sure they have a reason for it. They freakin Better cause it all but stopped this stock price
I can't imagine the analysts won't drill them on why they raised that extra cash and what they plan to do with it. I think the earnings announcement and conference call will have a HUGE affect on how this stock moves over the next 6 months. I'll be honest, I'm getting a little scared that the company has been so quiet and I expect bad things in between now and early August. We really do need an announcement of some sort soon because if the market trends downwards, I wouldn't be surprised if it took FSLR down to the low 40s again in just a weeks time.
My stance: sell now and get back in once the dust has settled.