Are you just a short or an IDIOT? I nominate this as the stupidest question ever asked on a message board EVER on Yahoo. He doesn't deserve a response to this. Don't waste any brain power on this guy.
Stock prices often ride up in anticipation of future growth.Longterm,stocks are earnings drivin.Management needs to be savy,so far,looking good.All focus right now is on the green sector with this current administration.for now,enjoy the ride,re-evaluation is in the future.
Stock prices are based on growth potential. Lowe's has over 1600 stores in the US. It is the second largest home improvement chain in the world. Plus Lowe's should grow rapidly as the recession ends. The plan is to over take Home Depot which has 2200 stores. Akeena is in about 1.3% of Lowe's stores. About 12% of the California stores. Don't forget if California was a country its economy would rank 8th in the world or about the same size as Germany. The stock price should be based on the huge potential for growth.
And also, prove to everyone how brilliant you are try explaining how the market cap was justified when it was at $15 per share.
Using your logic there had to be a concrete reason for it. What was it?
What is the correlation that you claim should limit the rally? What?
Market cap must be less than number of panels times price times number of stores? What?
Or potential profit times number of panels?
Maybe you should contact the Obama administration and report any unfair stock rise. They'd like to shut down the stock market and who knows maybe you can provide them with an excuse.
If we assume 10k a pop which includes 100% retail markup, roughly 32,000 units. That for an equivalent in revenue not profits. I don't see how this stock can hold these levels without real groundbreaking news.
With all the foreclosures in this city, just bought a house for 8,500.
No electricity or running water. But now, I can get 2 or 3 of these panals, take a shower at work, have NO mortgage, no utilities. I can live off 15 to 20 k a year. I feel better.
I have a few rental houses, and have been wondering why there is no retail store to buy a solar panals. I just wish Lowes in Atlanta sold these.
Have been wanting to experiment with solar myself with out wanting to spend 10k. Now, I can with 1 or 2 k.
Day of being STUCK with the big utilities is at least partially offset.
curious if anyone else has thought about buying a vacant house for 10 to 15 k, and live cheap.