This run up is shorts locking in their profits after the news hit the wire. Once the dust settles, it will continue down. I say this so you dont end up like Northstarz, continually disappointed. Don't get me wrong, this news is great for the long term. We already had a superior grid solution in Europe, but now we are even more superior. So, once the European economy as a whole stabilizes, utilities will be in a hurry to implement the smart grid, and our solution will most likely be very popular. Now, any smart grid companies that are heavily weighted in North America are going to suffer IMO. Right now, the word stimulus is a four letter word to the American public, and every politician knows it. The next administration wont be funding any alternative energy programs. We all know, without stimulus money, chances are Duke never would have even started the smart grid rollout.
This stock has a way of disappointing like clockwork. For 7 year, each morning i've said to myself "maybe today is the day this will FINALLY begin to come to fruition". Like everyone else I was just waiting for that spark that was going to put it on a "somewhat decent" run up. And nothing. What a total waste of time, energy and money this ride has been
If this stock were a person I feel like punching it right in the mouth.
chapt11: Yeah, I guess two decent days in a row would be asking to much. Johnmr is right again. Im continuosly disappointed when it comes to ELON.
After seven years of this, I sure wish I had a crystal ball to see how this is all gonna play itself out.
Congrats Northstarz because this POS is lagging again. Absolutely zero follow through on another strong NASDAQ Day. Itron and ENOC have followed through with another 5 percent and we are down. These days infuriate me more than the others. At least when the NASDAQ is down I can say oh well everybody is down. This POS never fails to disappoint
John, there isn't anyone new here. Just the same fools that have been here forever waiting. Your pessimism is a breath of fresh air. Once Scion capitulates we may actually move higher. Hahahahahhahahahhahahahaha. And in honor of Jro who probably is too busy with his dental practice to check in, Where Fluffy?
Johnmr: thanks for filling all the newbies in. Someones got to do it. Glad to know that at least someone here is an expert on the stock price....Seems to me since youre such an expert, you should have told your sister to buy her shares as it drifts lower, instead of over $8 a share.
BTW, when youre here 7 years, than we can compare attitudes.