Point Roberts, WA - October 27, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research, releases an investor alert for solar stock First Solar, Inc. (NasdaqGS: FSLR) following its collapse this week.
Solar expert, J. Peter Lynch, who provides ongoing commentary on solar stocks at Investorideas.com, had this to say" First Solar (FSLR) was down almost 25% on Tuesday when the company announced that their Chairman was replacing the current CEO.
This event cannot be the whole story - but the company stock continues to drop from its high this year of $174.00. I am sure that the company is being affected by decreasing margins and the usual uncertainty about U.S. tax subsidies and treasury grants.
- Published: 27 October 2011
- Written by Investor Ideas