Thursday, July 31, 2008

Grandmother Comments on First Solar (FSLR)

Corrected closing price.
FSLR closed today at $285.03 up $0.03 (+0.01% ). Here's our post from Monday:

First Solar to Beat and Raise, Market Yawns (FSLR)
...As grandmother used to say "Secular bear markets aren't just about declines [although they can be doozies], they're also about multiple contraction."

"Grandma, what's a doozie?"...