What Does First Solar Have Up Its Sleeve?

First Solar (NASDAQ: FSLR  ) recently announced a $450 million share offering, a strange move for a company with a strong balance sheet. It will use some of this money to build giant projects in the southwestern U.S., but some will likely be used to build production of its new, high-efficiency technology. 

High efficiency will bring First Solar into the residential market but it'll take years to learn if the move is a success. The stakes have never been higher for the company: Is it done for good, or ready for a rebound? If you're looking for continuing updates and guidance on the company whenever news breaks, The Motley Fool has created a brand-new report that details every must know side of this stock. To get started, simply click here now.


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  • Report this Comment On June 18, 2013, at 8:40 PM, camarodan64 wrote:

    FSLR will most likely use the cash to finish off the large scale projects which are high margin and Taking over a silicon based solar manufacturer with FSLR shares already in place could be a option to rapidly deploy production. check the new solarcellstocks dot com , it does not say it yet but first solar is high ranked solar investment, $100 a share in this huge solar boom happening now then of course the shorts will push this to $300 again.

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