Actually I am already up a few thousand dollars on the short but I firmly expect to see the stock in the red today
VERY NICE GAIN HERE
not this time - the US business remains a mess and FY15 guidance was pretty uneventful to say the least - the stock should pretty much do nothing today at best
Some pretty arrogant comments on the call by the founder after being asked about mounting losses and cash burn won't get a warm reception by investors today. Obviously the CEO didn't notice that the market has stopped believing solely in the revenue metric for some time now. The share price will pay the bill today.
after hours high was $32 - and perhaps you might want to take a look at my track record by clicking on my postings. I don't claim that everything is going well but nine out of ten times I am right
analysts on the call were mostly disappointed with the ongoing poor performance of the US business which has struggled for several quarters now. That said I would still give management the benefit of the doubt here as the story remains unchanged.
this will most likely be down tomorrow as the stock looks pretty overextended here. Growth metrics are getting even more impressive but gross margin came down a whopping 5% qoq which clearly is a huge cause of concern. Buying revenues at the expense of margins might be a legitimate way for a company in the early innings to capture market share but the margin trade-in seems excessive here. Good results were expected by the way and looking at other Chinese growth stocks which reported great results as of late they were mostly down the following day. I am short 5k shares in after hours at $31.50 on average. Looking for $27 tomorrow morning
this will trade around $1.50 later today - listen to the call any you know why. Leaving the commercial space, running low on cash again, no forward guidance. Next quarter's revenues might come in around $15mln
Roth the first to downgrade this morning - target $1.85
still a good chance to make money shorting the shares in after hours. Shorted 30k shares and looking for $1.50 tomorrow once analyst downgrades kick in
lol lol lol - what does this joke of a company might have to offer a proven industry leader like Solar City ? Get out while you still get a lot of money for worthless shares.
what a disaster - management hasn't really answered a single question on the call so far.
selling commercial projects at a huge loss brought in $15 mln in revenues for the quarter which will be gone going forward. The company will operate at a quarterly revenue around $20 mln and continue to lose money (which they don't have). This will end up in chapter 11.
look at the cash position - another offering is just a matter of days. This will end up in chapter 11 and this is well deserved.
company goes back to remain a residential solar installation company. Hard to assign any value to the equity here.