CEO Sells His Solar Shares
Greentech Media reports that the First Solar CEO has sold 3.03 million shares of First Solar stocks, possibly in anticipation of setbacks from Europe. Although this amount is significant, Wall Street analysts continue to support First Solar and see this move as a way to diversify his assets.
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jack hidary says:
while this is a negative short term indication, i still think fslr is set for good growth over 12-24 months.
i recommend that they diversify away from just Cadtel platform and use their market cap to acquire some other platforms.
Jack Hidary
Tuesday, 1 July 2008 @ 12:37am