More info on First Solar.

First Solar's grand opening of the Germany production plant is this week, coinciding with an announcement that France put in a one billion dollar order. The stock, at last checking, is up $14 off of around $98.

August they will annouce their earnings, expect another strong jump.

They're breaking ground on a plant in Malaysia right now as the Germany plant is already maxed out producing for France. That plant hasn't been officially annouced. But they also annouced a second location to start building a plant in Malaysia.

Orginally, the stock was thought to split around $80 but since it blew by that mark, they'll split when it slows, thought is somewhere around $120-125.

Anyone looking to invest some money, when that stock splits down to $50-$60/share, toss a few bucks in it and see what happens.

Also another stock worth noting: Visa, the credit card company. When MasterCard IPO'd (going public) the stock went up 400% in short time. All major credit card companies that have gone public have all made significant increases and are most likely a strong stock to purchase... buying someone else's debt will make you money.

I thought you sold all your shite in this company? You said you would cut and run and profit take, right?

Visa can eat my ass -- their charges alone are fockin' outrageous (good reason to invest, I hear you say) -- but it sure is handy for those drunken nights when I order porn off the net.

I can't afford fockin' shares. Who can afford shares at your age, Rise? It's more than obvious that you don't have a fullt-time woman in your life.

that's focked up.

Who is voting for your posts? 3.75 for a thread on a stock investment.

The stars are permanent.. they're voting for the person I guess. I don't know what fool voted for Mugz though.

No woman and a good job afford me a really nice bachelor life. House party last weekend, party this weekend, party next weekend, take a weekend off, go to Toronto for a week, come back, take a weekend off, go to Columbus for a weekend party.

Life is good.

foolS. '...I don't know what foolS voted...' 4 votes.

I find that irritating. Since when was being on a forum a popularity contest?

I sold all the shares at a good rate of return. I came across early info on 2 things:

The stock is expected to split around $125-$130.
They annouced they are building a plant in Malaysia. What they didn't annouce is that they're really building 2 - that information has not been officially released. They have 2 plants. First plant shot their stock up from $20 to $90, second from $90+ to ~$117.

Earnings come out in August which is the time frame I expect the split to happen at which point I'm throwing more money into it.

Now, here's a business strategy some people use: (This also caused the Stock Market crash but no big deal today eh?)

Average return on a mutual fund is 14%-16% a year, some good years, some bad years.

Take out a loan for 4%-6% and toss it in the market as long as you can afford to make payments on that loan. You'll still be making more money off someone's else money.

You're still making a good profit and can pay off your debt at any point. Granted, you make $100 on $1000 at 10% a year and pay 40% tax on that but if you own property, you'll get a good portion back in taxes.

But that's the poor man's way of getting started.. George Soros, one of the world's richest, made his fortune by taking out a huge loan, broke the bank in several countries (Even have a name for it on a particular island) and paid his loan off. But he was buying/selling currency which is legit but also very tricky to do.

You're talking oil?

Yeah.. I don't want to invest that much time in watching the stock. Day trading is addicting and has ruined a lot of people.

I go in with a set % or dollar amount I want to make. I sold my stock making a hefty profit on a strong stock.

Same way you gamble in casino. Go in with a dollar amount you want to win, something realistic... and have a dollar amount that if you lose, you quit.

I go to a casino carrying $200-$300. I'll afford myself $20/hour loss or if I win $200.. either way I quit. Figuring $20/hour is your standard entertainment rate of going to the bar and drinking beer or going to a movie and taking someone.

I'm waiting to see what happens with the Visa IPO.. then I'll switch to First Solar.. I can't imagine a solar company doing bad for any reason. Its solar power. Its not some trend.

Did you just try to tell Riser something? What would the point of that be?

In words of one syllable, for preference.