in 70-80 range for a certain time frame. Then a "sudden" bad news or news that can be considered as bad and another 20-35% will be shaved overnight. The WS never let its victim leave alive. VRX will be almost killed before some recovery potentially can happen. No doubt the key management will be replaced.
SUNE is extremely expensive, not cheap. Compare SUNE to the same industry e.g. CSIQ with the same MC.
CSIQ revenue almost 3 times exceeds its MC while SUNE revenue is a small fraction of MC. Let alone profitability and debt. If SUNE priced right for say $5, CSIQ must be $200 stock and FSLR 500.
The so-called lenders made a killing shorting the stock against the box. A small calculation without taking into trading in and out. SUNE has short interest of 90M approx. The stock was taken from 33 to 5 i.e. $28x90M=$2.6B. But this is a top of an iseberg because I do not take into account options where again 5-6 fold vs. the above digits and + naked shorting. This is a very rough assessment. The only losers are
1. common shareholders who played long
2. mutual/hedge funds who held this garbage
Those who designed this game made a huge amount.
you are right almost 100% besides 1 small thing: solar energy does not depend on oil price. Their overlapping in terms of competition is less than 2%. But you are right by saying that the so-called market is trying to convince investors in what you said. Just for the best of your knowledge: oil can start to compete with solars in electrical power production at price of below $8/barrel.
If you are serious sorry but you are too naive. Nobody needs analysts who can tell truth. Analyst job is to please those who pay them and to cheat others.
As for being right 4 out 5 - that is why I'm making money on this criminal market. Fundamentals is not everything, I would have said fundamentals is the last thing for making money. All stocks on a bull market priced for perfection well in advance and v.v. on a bear market. Some rare exceptions is the only opportunity. That is why I called FSLR. Mark this post and check FSLR in 6-12 months. If it does not touch 100 I will never post on any board anymore.
There are really good solar stocks with decent management, good BS, profitable, etc. If you prefer investing why not to buy say FSLR that guided 2015 EPS $4.5+ and trades only on forward (I'd say current) PE of 11-12. Excellent balance sheet with huge cash reserves. Technical progress increases efficiency almost every quarter, etc. When the "market" decides to appreciate FSLR you will see 120-150 reached in a very fast manner.
SUNE is garbage, I have been telling it for the last 8-12 months. You can make money on SUNE like I did today or when I was short from 30 to 17 but you are playing extremely risky games. How risky? Okay, you can wake up tomorrow and find out that SUNE filed for BK. Can you expect it from FSLR? Chance is zero.
SUNE is done. Agony can last for a week or month or even for 2 years (I doubt) but it done.
the CEO can be taken out of helm easy without hurting the stock. Wait and you will see how SUNE will start to sell what was bought.
Remarkable trading stock. I underline - DAY trading.
SUNE will go under while SUNE assets will be transferred to both Yieldcos. SUNE common shareholders will lose 100%, TERP will stay in the market and will be buying plants from other solar companies.
absolutely right. Greed is the worth thing in a stock market. SUNE must be held below $5 for 3 days at last (closing price) to eliminate those who bought on margin. Take a look at volume. It says what is going on.
from 4.19 to 4.79 20K shares. Thanks SUNE and G. J. specifically- my day trading plan was greatly fulfilled. Unfortunately I'm able to trade only on a long side -the broker has no shares for short.
for the first time I read smart thoughts on this board. Shorting against the box is a wide-known practice in situation like this one. In a final analysis VSLR purchase will be cancelled because the buyer will announce BK. Those shorted shares will be either covered for a fraction of dollar or do not covered et all (tax games).
Should I had this opportunity to short SUNE against the box I would have done it immediately.
All these analysts BS targets designed to attract you on a buy side.
Average short price is $16-17 (not 30-33 as many think).
try to use your megaphone. Nobody hear it? This is a core of the problem. GJ is unable to affect stocks being alone. His opinion does not worth even a cap of coffee in terms of money. He is just a megaphone to make decisions made by others loud. This is it.
OMG. Fundamentals are good! 12B debt vs. 1.5B MC, huge loss, poor guidance, totally incompetent managment.
Compared to SUNE fundamentals 99% of stocks in an entire stock market are gems.
See you at 2-3 range within next 2-4 months. Then "alles kaput".
G.J. is a joke. Statistically he is wrong in 95% of his predictions (short or long). This guy is a part of market manipulation game, just a "speakerphone". Saying that his opinion can affect stocks tells me that you have no idea what you are talking about. He is "working " in conjunction with trading homes. This is it.
GMCR always was profitable with a small debt. A game dropping GMCR to 17 was to made to take former CEO from his helm. As soon as it happens the stock started to grow. I played GMCR in thoase times and understood a game from the very beginning.
SUNE is something else. I already explained why SUNE does not have a chance to survive.
Brokers will send margin calls for regular guys/funds to solve a problem within 3 days and already executed sell for those who are in a bigger danger. Be prepared for a coming further free fall. Though may be brokers will execute shares in a more decent way without dropping a price too much.