Just look at the amount of Insider selling. The have no sales in US as far as I can recall. Sunpower would be the call if you want to take advantage of California. First Solar panels can’t be used on rooftops. There are some environmental and total life of the panel issue as well.

I think its a good company but the stock has gotten way ahead of itself. Plus I am bearish as far as the overall market is concerned as well right now. If the market does go bearish stocks such as these will be affected the most.

I still wouldn’t be betting against First Solar, they’re in a class by themselves, and they have tremendously powerful people behind them.

According to my idea of the ideal future situation, the supply glut will be accompanied by US Federal supports on the demand side (added to increasing levels of state support). It’s also very likely that as prices come down on increasing supply, countries like China are going to go balls-to-the-wall for the stuff, which will eat up alot of the supply from the Chinese factories, at least.

I’d say that First Solar has no threatening competitors right now. They will have competition eventually, probably coming out of research being done right now, but they’ve gotten the jump on the competition, and are getting ready to burst forward.

Thinking about it, I’m wondering if AMAT might be their most immediate competition with their “SunFab Thin Film Line.”