Jim Cramer Rejects Buying First Solar on Margin

First Solar, Inc. (NASDAQ:FSLR) is one of the stocks Jim Cramer recently looked at. When a caller mentioned that they had success with the stock but purchased shares on margin at $275 on Monday, Cramer commented: “Oh, wow. No, we don’t want that. You don’t live in, you know, you can do a loan for a house, you can live in it… But First Solar is not good enough to be, it’s 16 times earnings, but and I like the company very much, but no. You’re going to have to take, you got, you have to cut your losses. I w ...