What? We get a big bump this morning on the news that we've created....a better looking panel?
This makes no sense whatsoever.
There's been a grand rally in the market and in the sector, but ESLR has watched the party from the sidelines.
This news is great, but I don't think it's the reason for the bump. We're following SWPR's pattern. We reported the same news as Sunpower at earnings...soft Q1, Q2 to be stronger, etc...
In fact, ALL solars are giving us that same story. The only one who's share price hasn't recovered considerably is Evergreen, probably due to our sloppy management and flushing of cash (silpro) and stock (Lehman).
We've held up well after a lousy earnings statement, a bunch of downgrades, and bad news. I don't think we go below two again.