No matter a better bottom line, top line sucks. If they grow top line then the bottom line wont be enough. don't care if they ever do better results-people never satisfied and still hate the company.,
Did you notice that the Insider Monkey article called Enphase a semiconductor co. ? Wow . Perception is everything.
K. just saying . Been in this for more than multiple years and have added allways. Seen every CC and read earnings. But still underperform- still burning cash, still waiting on FDA= I will be as tickled as any long if it delivers on potential. Just not hanging my future on it.
that's why they keep selling shares. No value for now. If it was so promising more hedge funds and investors would be buying the share price would rise and the shorts would cover. None of this is happening. The small increase is retail investors gambling. Keep playing the lottery you might win- that in 5 years and have more than this sometime in the future company.
Check out Physics dot Org article " Oil price slump puts at risk clean energy push, experts say"
Solar battery system still months away. Talked to a tech from Enphase looking at second half of year.
They are buying blackberry- the fruit. Not the company.
On the other side, Momenta's management has not been forth coming enough with the complexity of working with the FDA to get approval of bio-similar. I see Enoxaparin as a one off event, that they could not even protect with their legal team, thus the difficulty with anything related to Copaxone. Lots of drugs get fast tracked and then fail miserably in stage 2 or 3 trials. If they believed in their own hype , why do Baxter starting trials with their bio similar for Humira, shows lack of belief in fingerprint technology of a drug for approval only.. So these are some obstacles they have to overcome IMHO. Still long , but not following blindly.
At some point When/If the company can monetize their analytical information that might make a few people stand closer to the plate and take a swing. But that does not even show up on the horizon yet.
What caught my attention was that management comes from technology companies not solar companies. All design comes from in house experts. The small percentage of world wide energy coming from solar is between 1-4% depending on country. Liked the mid to large fragmented commercial mkt opportunity with new products. yes and loved the ZERO correlation to nat gas and oil-but because general public believes this, I think this keeps head winds on appreciation. JMHO
And they are making money and the longs are not. Only reason to invest is to make money.
Until can show real data from company , contradicting survey. The trend continues.