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First Solar Investors Invoke the Dot-com Era
Depression is the rule of the day on the Yahoo Message Board for First Solar. First Solar soared in 2007 but 2008 has been brutal for shareholders.
In a post called “It’s only Just Begun” an investor laments:
Sooner or later the music stops. No momentum, no rise.
It would take years and years for this stock to catch up with its price.
Repeat of Dot Com days. Didn’t you guys learn anything in the 90’s?
The stock has fallen from a peak of $283 to $181 in only a few weeks. The stock was already expensive, trading with a P/E over 100.
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