Thursday, March 8, 2012

First Solar: What a Long Strange Trip..... (FSLR)

First Solar IPO:....$20.00 Nov. 17, 2006.
Top tick..............$317.00 May 14, 2008.
Last.................... $25.80 March 7, 2012

King of the Insider Sellers, Michael Ahern, former CEO of FSLR, current interim CEO, was able to bail on shares worth $350 Million just between February 2010 and August of 2011.
This brought his total take to $740,609,359.

Mr. Ahern never bought a share of FSLR.

That may be some sort of record.

Total insider trading in FSLR since the IPO:
Purchases $1,895,285
Sales        $3,113,597,910

That may also be a record.

Mr. Ahern remains Chairman and chief lobbyist for FSLR 

Chart forFirst Solar, Inc. (FSLR)

Splits: none

There was a reason for the choice of the first winner of the Climateer "Our Hero" award back in April 2007:

The 26th Secretary of War, the Democrat and Republican (!) Senator from Pennsylvania, Simon Cameron:

Our Hero
Simon Cameron
"The honest politician is one who 
when he is bought, will stay bought."