The market cap is 680 mil ex cash. The company is a dominant company in a growing industry. Strong fundamentals, tons of cash, new products etc. What's the shorts thinking? Oh, it trades 2 bucks above the IPO price even though sales have doubled and earnings are up 500%.
This stock has the cleanest balance sheet in the industry. It also continues to grow, despite a PE of 9
It seems like this fund pulls back sharply when it gets overbought. But the NAV has not dropped over the last two days. Its now at $23.70
fI guess you guys didn't believe the CEO when he bought last week. He bought 1000 to show that the bears were trying to get longs out of their positions without knowledge of the outcome. Next time don't make light of 1000 shares.
They are now selling twice as many product. Their earnings are up 500% from the year before but you can buy the stock cheaper than it traded on day one.
wrong the reason ENPH has to drop prices is that they are more expensive than SEDG and a generation behind in technology.
two quarters ago, the stock was at 17 and crashing. They crushed the earnings and upped guidance. Let's not forget that 20% of the market cap is in cash.
I know the guy is a pumper but he is kind of stuck with poor management. But have has anyone actually talked to him to find out why they pushed out their report?