I'm sorry but companies would not accept to be payed to absorb that balance sheet! I think SUNE will do alright in the long term, but that debt is UGLY.
So what? I know how to read a balance sheet. That doesn't mean it should buy back stock. This growth stock is in a heavy R&D industry with the only bloodline that is talented programmers = money money money. Any buyback would be a signal that this company is more committed to it's stock price than it's company. I would short a buyback. But I'm long this company.
if they did that i would sell, that money is to grow! look at the massive spending, that will last 18months at this rate.
Sentiment: Strong Buy
been doing it for 3 years... If it fails 3% below my cost average I bail. Also shorted SUNE at 34 until today... Covered and made my year. So now I'm just hanging out playing monies for fun!
100M$ buy back decent numbers and 30% shorts... This is not going down. It'll fluctuate between 28-34 for some time.
same brotha! all it takes is one good quarter... In this market, exposed to international currencies, i'm happy this isn't cut in half and still earning 140-150M$ each quarter.
also there's the los vegas WISP event you can sign up for, UBNT is hosting the event and will live stream it so i'm guessing big announcements coming from there!
ur sure optimistic, I'm hoping we just don't hit below the lower end of guidance. South America in ruins, currencies even worst off than before. I'm convinced he fired the CFO cause he didn't order enough inventory, airfiber x5 has been slow in ramping and satisfying demand... What I do expect is a blowout guidance. If they can't do it this quarter with all these launches, they'll never do it!
I'll probably gamble with 250 shares if we get a pullback before then. I have no positions in solar as of today !