Well, well, look what we have here. Instead of the endless stream of utterly imbecilic upgrades on this stock of clearly bloated valuation, now perhaps we will see a stream of downgrades.
I must say, in a great year of shorting ENER has been one of my best positions.
Thank you all for driving this stock up to the ridiculous heights of fantasy valuations for me earlier this year. In return, I bring you good news: you don't have to give up your gas guzzling ways, oil will be at $40 again soon, and possibly even $20. But even if it goes back to $80, ENER is on its way to $10/share.
Does anyone realize the sheer genius that has been shared with them on this board by me? It is amazing how I can give away advice that is worth millions, nay billions of dollars, and yet me almost completely ignored.
By the way, since I posted my short position here, I thought I should mention that I finally covered that short last Tuesday morning. I'm not sure if I posted my exit yet. We didn't quite get to my $10 target, but we sure got close enough when viewing from $80 and several quarters ago.