Good time to sit with PWER and watch the market with a low ball offer sitting on the table.
Continued downturn could hurt those suing for higher price but won't get ABB to leave the free cash it is stealing.
Been a couple weeks since your post. In the mean time, market is up and the dollars I have in the PWER shares I hold are doing nothing. Bah. If ABB were to back-off, I have to wonder if the stock would stay at 6.35 or in that range or if it would drop back due to lack of attention? The value is too low in this climate and $8.00-10.00 is a good buy-out range for the value Power does offer. SPWR is taking advantage of a growing solar market worldwide.