Tuesday, January 29, 2008

Jim Cramer on First Solar (FSLR)

I'm having trouble keeping up.
From TheStreet.com:
"I just saw a piece about how First Solar is gonna be hurt by a recession. ... I think First Solar's cheap. ... I would leg in to some ... and I would pull it at the top."
FSLR closed at $177.00, Monday. Compare with a couple weeks ago:
"First Solar is a fabulous company that is highly speculative right here. ... That's how bad and nasty this bear market has become."
FRSL is trading around $172, down $110 from its high, three weeks ago, when Mr. Cramer made it one of his "2008: 5 picks for the next 5 years".