The bargain hunters are in a little too early here. Notice the narrow trading range trying to suck in for another big down leg. It isn't over yet on the downside. This will break down below 4 and no telling how low it goes. Markets don't bottom in Feb and at the very least it is way too early to buy this. It is dead money at least until late Summer.
I don't buy that at all. There will be more earnings announcements and if they come close to being on track, this thing has to pop.
Last wek I had guys telling me that SPWR was going to 25 dollars when it was at 56. Look at it now.
Those bashers were saying it was all over for the solar stocks. Look at that sector today!
No, this one will pop long before summer, unless the comapany implodes, which it probably will not. Too much good news coming to stay down much longer, even with sellers here. They have to move it down before more good news comes, or else it will pop.
Same type of doom-sayers non-stop on NT board as I bought 6K @ an avg. of 10.4 only a few days ago. Today, the shorts paid me as they did with JBLU. Same will happen here. Accumulate. Shorts are naked here and trying to cover and/or you have a hostile takeover situation w/ entities trying to drive share price down (imo, co. will not sell below 11).