this is another risky bet as the alternative energy stocks are experiencing a huge rallye today which is so far keeping the shares from getting killed.
but given the poor economics of the acquisition, very weak earnings and even weaker guidance I think the stock has huge downside potential. Some analysts on the call already discovered that things don't add up from an earnings and guidance standpoint. Would expect some fellow shortseller to put up some piece on seekingalpha to connect the dots rather sooner than later.
Will cover once the shares manage to move back above the $6 level though.
revisiting the shares here with the stock getting closer to the $5 mark on a bad day for the markets and particularly for alternative energy stocks. Still short all shares and hoping for a clean break of the $5 mark today or tomorrow.