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| From: | Jack in OH (72.240.70.186)
| | Subject: | So what do you know about First Solar? | |
Date: | February 4, 2012 at 1:48 pm PST |
In Reply to: Dow at 4-year high, Nasdaq hits 11-year high posted by Mark on February 3, 2012 at 11:09 pm:
I bought it a couple of years ago at $119, and it sank to $29. It's since rebounded to $45. There are reasons for its fall, but now that Europe is having second thoughts on eliminating subsidies for solar, its looking good again. How high do you think it will go this year? I've been reading about PVs using nanoparticles, allowing them to convert 40% of incoming radiation to electricity. First Solar's max. conversion percent is now about 17%. If the nanotechnology pans out, I'm sure First Solar could quickly retool to make them in quantity. If so, I'll be in the pink.
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