FSLR Files Secondary Offering: Pullback Provides Great Entry Point
First Solar (FSLR – Last trade $111.64) on Thursday registered to sell 9.65 million shares, including 5.65 million shares to be sold by selling stockholders. FSLR traded down sharply on the news. We have suggested before that FSLR may go for a secondary offering, and today's sell-off on the news provides a great entry point…