Solar Power

Back in the late days of SoD.. probably a few months back, solar power was the talk.
I had pointed out a local company that is leading the industry in solar panels.. I mentioned it would be a great company to invest money in when it goes public.

2 weeks ago it went public. Shares were thought to start at $17-$19. They started off at $21, rose to $28/$29 at this point.

Previous solar power companies did the same as cited and exceeded higher limits. Its still a good time to jump into this stock.

Anyhow.. I wanted to point on my little stock prediction that it would be a money maker.

http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20061129/BUSINESS03/611290407

With the short history available on solar power company stocks, I'm going to drop a few pennies into this stock and ride it out for 2-3 years. My coworker's husband has worked at this company since the days of only 8 of them working there. The company employes hundreds now. While I had no insider trading knowledge.. which is illegal, I do know how the company runs and that the employees are top notch and have a ton of new solar energy changing products due out in the future.

If you can spare a couple hundred dollars, its definately a stock to invest in.

Yeah I had read a bit on that.

First Solar is making smaller panels.. last I was told their current one they're getting ready to release will be far smaller than current panels and produce the same amount of power. I want to say it was 1/10th the size, producing the same amount at that.

Perrysburg is the rich area of town.. I was getting double taxed and found myself driving through the 'gauntlet' too often to get to the night life and bars/clubs/other places.

I moved to Toledo/Sylvania because its the 2nd rich suburb and my drive is cut in half, the location has more to offer, taxes are lower, excellent school system, and I bought a place. Same place in Perrysburg would run about twice as much and taxes would be 5 times more per half.

Perrysburg land is limited as everything is spaced out and they're trying to keep the mid-middle class and lower out. Average income of a Perrysburg family would be around $150-$200k a year.

Check out some housing costs in the area.. only one area can anyone even live and its considered the drug area.. modular homes and trailors, still selling for $60k because its Perrysburg.

Whilst admirable, I do believe that to be open to a great deal of speculation.

I dont know about that...yet. Yes, from an ethical perspective, I love it and admire you, Rise, for investing in it. However, I'd seriously sit down and analyse the company's finances and balance sheet before pouring it in and I'd also want to know what government regulations there are surrounding alternative energy in whatever state[s] they're operating in -- tax breaks, incentives etc..

It looks like a bit of a "black box" stock to me.

The guy who helped get this company started was in the top 5 of the US or World's richest people alive. He died a few years ago in a plane crash.

The company is sold 5-7 years ahead of schedule mainly to Germany producing a lot of solar panels for them. They're constantly breaking through with new technology since they a large amount of capital and strictly focus on it. I know a few people who work for this company, one of them being my coworker's husband. He's worked there since there were only 12 of them doing it.

The company survived because the billionaire kept investing in them, which is why making a profit wasn't the goal - making reliable, powerful solar power was the goal. They have now done this and you can see how its benefiting them.

The company has nothing but solid ground to stand on, they're expanding again to ratchet up production and meet more demands. My coworker's husband is traveling over in Europe right now for business - finding out needs, demands, what they want, what to improve.

I wasn't aware how focused on solar power Germany is until I found out more about First Solar. Apparently, Germany has one of the world's largest investments in solar power.

I see nothing but good coming from this stock. I wish I had taken my own advice and dropped a few dollars in there. I still might toss some money in and let it ride. You will see this company do very well and continue to grow.

I brought it up months ago saying it was a company to watch out for.. and here we are a few months later and they went up over $10 since I mentioned it.