Iconoclast421

Solar Sector Plunges Right Along With Market

The solution to the "3.4% of market cap dilemma" for FSLR is easily found. Simply allow the stock to come down out of the stratosphere. That will bring down the market cap, which will increase the cash percentage. The insiders are selling because they know such a high PE cannot be sustained. FSLR should be trading at $100 within the next few months. That would push their cash % up over 10%. Everybody knows this is the right move for the market. Like the housing bubble and everything else, it may take time for the market to respond in the proper logical way, but more often than not, it gets there eventually. For FSLR, the correction should come at about the same time LDK launches. Indeed, LDK may be the catalyst for the FSLR correction.