Tuesday, November 22, 2016 1:49:04 PM
FSLR is clearly near its 52 week low and certainly has the potential to sell off even more. The short interest (when last posted) showed a position of 14.5 million shares short as of October 31st. It is likely to be even higher at the moment. http://www.nasdaq.com/symbol/fslr/short-interest
In regards to FSLR's competitive position on an international basis there is very little that Trump can do to impact that. There is a world market price for solar panels in $/kwhr (delivered) and they are going to have to be competitive in order to earn the kinds of margins they would like to achieve. I do not believe that low cost 30% efficiency cells are going to be available "soon" as you describe. Cost per watt or per kwhr is the most important metric to focus on.
Without being an insider it is hard to know the real risk / challenge associated with the series 6 transition. The drop in ASP's and excess industry capacity additions along with the ITC extension created a tough year for 2017 any way you looked at it. I think FSLR is making the best of a bad situation and using existing facilities is a reasonable way to take out capital costs for the series 6 transition ($0.30/watt of capacity vs earlier estimates of $.40/watt of capacity). It is a bet the company project so I would imagine that everyone is very focused on making this a success. If it is a success and FSLR can actually deliver modules in 2018 with a cost/watt of ~21-22 cents they will be in a golden spot. They should have their medium voltage DC architecture available commercially by then as well so BOS costs will be even better.
Recent FSLR News
- Responsible Solar: First Solar Leads Industry with Validated Environmental and Social Performance and Transparent Reporting • Business Wire • 09/09/2024 01:00:00 PM
- Apple Names New CFO, Sony Hikes PS5 Price in Japan, Santander Launches Share Buyback • IH Market News • 08/27/2024 09:35:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 09:56:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 08:51:14 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/13/2024 04:25:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2024 09:27:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:01:54 PM
- AMD Shares Surge 9% on Earnings Beat; Match Group Rises 10%, Pinterest & Lemonade Drop 13%, and More Earnings Updates • IH Market News • 07/31/2024 09:59:10 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/30/2024 08:07:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/30/2024 08:04:48 PM
- First Solar, Inc. Announces Second Quarter 2024 Financial Results • Business Wire • 07/30/2024 08:00:00 PM
- U.S. Futures Climb Before Fed Meeting; Oil Prices Drop on China Demand Worries • IH Market News • 07/30/2024 10:06:14 AM
- First Solar Announces Ownership of TOPCon Technology Patents, Undertakes Infringement Investigation • Business Wire • 07/19/2024 12:30:00 PM
- First Solar Commissions Western Hemisphere’s Largest Solar R&D Center • Business Wire • 07/18/2024 12:30:00 PM
- First Solar, Inc. to Announce Second Quarter 2024 Financial Results on July 30, 2024 • Business Wire • 07/02/2024 09:35:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/20/2024 02:13:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 09:34:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 09:32:57 PM
- First Solar becomes the Solar Industry’s First EPEAT Climate+ Champion, Setting Global Standard for Ultra-Low Carbon Solar • Business Wire • 06/04/2024 01:05:00 PM
- 5N Plus inc. renouvelle et élargit son entente d'approvisionnement de semiconducteurs avec First Solar • PR Newswire (Canada) • 06/04/2024 11:30:00 AM
- 5N Plus Inc. Renews and Increases Semiconductor Supply Agreement with First Solar • PR Newswire (Canada) • 06/04/2024 11:30:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 05:46:55 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 04:05:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 11:14:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 11:12:31 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM