Connect the dot: May 8 announced their new Solar Energy Storage System. May 14 CFO visited $TSLA which chairman of $SCTY. Could this be the talk about their new product for SolarCity testing???? Something huge is cooking ATM.
i agree. They NEVER test pilot a new product that there is not already an in place customer for. (Think the EV mass transit bus batteries for China that were first introduced for study at the prestigious Chinese University wherever that was.)
Could be. This shake and stall on accumalation and manipulation by the makers and shorts is contrived. The inter mkt swapping and phantom trades to give the false impression is in line with buy before the news. They are gearing up for a surprise pr. I believed that this would be trading low mid 4s by now on an anticipated move. Sell in may and go away will be an error on this one. I do expect news of one thing or the other soon if not next week. Orders, partners on other good news. We'll see. IMO buy it if you can here on the cheap.