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SolarCity Corporation Message Board

  • sfvip sfvip Nov 14, 2013 10:47 AM Flag

    chorted this one right here @57.5

    first batch, notes are debt, can't be positive ever

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    • btw......doesn't everybody claim to have shorted the high point of the day? or buy at the very low point of the day? Such childish claims by you and many others.

      Sentiment: Buy

    • What a dipwad........the notes become debt of the buyers. Read it dummas. The notes are backed by the owners of the systems. SCTY gets a win with the debt off of their books. Now if the owners default, the thing crumbles. No different than a mortgage payment, except if owners do not pay 1) can the debt holders turn off the system's ability to generate electricity? I don't know the answer to that as yet 2) can the debt holders repo the system? Could be a challenge. Exposure becomes that of the debt holders not SCTY, but then will hinder ability to further finance.

      Sentiment: Buy

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