Finally some free press for Enphase that didn’t cost them a penny.
CBS News just published their official “10 Worst IPOs of 2012” Just Google it.
Nahi and his rich cronies should be proud. It’s a hard list to get on. Facebook didn’t even make the list since its shares are “only” down 29 percent.
Recent pumping by insiders has propelled Enphase shares to a bloated $2.72 moving it down to fourth on the list of greatest IPO losers for all of 2012 with a loss of 63 percent.
Keep spending that cash boys. Maybe you’ll make next year’s list of “Fastest Bankruptcies after an IPO”.
I am not making this up, it appears they lost yet another key figure and are quietly trying to hire another marketing manager for Europe. The Linkedin application actually says they seek someone with “Ability to get things done!”. I did not add the exclamation point. Unbelievable. What’s their total cost of European management?
Now Enphase only has to go up 250 percent to get back to its IPO price.
How’s that gold-plated British invasion going for you Paul? - LOL