Safe Haven Investments Amid a Global Crisis [View article]
I agree to some extent on FSLR (don't think they're going down to $0, but believe they are greatly overvalued right now for a lot of reasons), but I also wonder if you've considered the possibility that they realize this and plan on eventually manufacturing their solar modules using different materials? It might make some sense to make as much money as they can right now, build up their cash flows, gain a foothold in the industry, and then alter their products if necessary later. Even if that were to happen, I imagine they'd have a painful adjustment period, but it also wouldn't mean that they're going to drop all the way to $0.
One way or another, management must realize that they have rough times at some point in the future given some of the massive insider selloffs. I don't feel like calculating all the sales together, but from simply glancing at Yahoo Finance, it looks like Ahern has cashed in somewhere around $50 million worth of stock just this year! Either he's got a hell of a lot of bills or he knows the company is overvalued.
Safe Haven Investments Amid a Global Crisis [View article]
One way or another, management must realize that they have rough times at some point in the future given some of the massive insider selloffs. I don't feel like calculating all the sales together, but from simply glancing at Yahoo Finance, it looks like Ahern has cashed in somewhere around $50 million worth of stock just this year! Either he's got a hell of a lot of bills or he knows the company is overvalued.