Merry Christmas SPWR longs!!! Christmas came early this year for SPWR longs!!!
Smart money is buying and/or closing their shorts. They know that earnings are going be to decent to great, and continue the uptrend (or at least there is no money to be made in shorting). The earnings also were probably leaked to a select group of investors.
People are seeing the advantage of producing the most energy in a limited area. These panels were used on the solar impulse plane so there is no limit to their uses (the light weight thin film solar panels are too inefficient to be useful). Chinese solar can't compete on quality (lifetime of panel), efficiency, or management of their corporations. Nuclear is too dangerous, natural gas too dirty, wind too intermittent, solar is the best since electricity usage peaks during the day. Thank god, for the sake of our planet, people are starting to wake up to this reality.
This thing might hit $100 earlier than I suspected. You can thank Obama for pumping billions of new money into the industry.