IRA SOHN HIGHLIGHTS-Chanos Negative on First Solar, Vestas
Posted on May 25, 2011 from Reuters
"Jim Chanos' new investment idea would disappoint "greens" and those in power, the well known hedge fund short seller told the crowd at the annual Ira Sohn Investment Research Conference on Wednesday. Investors should sell solar energy companies short, Chanos said in a presentation that prompted rare laughter from the audience. Some of the alternative energy shorts he highlighted were First Solar and Vestas..."
Posted on May 25, 2011 from Reuters
"Jim Chanos' new investment idea would disappoint "greens" and those in power, the well known hedge fund short seller told the crowd at the annual Ira Sohn Investment Research Conference on Wednesday. Investors should sell solar energy companies short, Chanos said in a presentation that prompted rare laughter from the audience. Some of the alternative energy shorts he highlighted were First Solar and Vestas..."
First Solar, Inc. (FSLR): $43.20 on October 25th, 2011,
First Solar, Inc. (FSLR): $125 in May 2011 (monthly range: $114-$140)