chinese government will control the market for the lunar new year. Shanghai will open up big
My take is
1) that the lawsuit is tossed we soar big time
2) the deal goes through and sune gets rid of the assets we soar big time
3) the deal goes through and sune somehow keeps the assets and we hover around this price till they show they can make money off of it
4) They go bankrupt and will we are toast
but upside is $15 and downside is $0
I'll take my chance on a 6x move up
They just need to change their model away from yieldcos. If Terp was able to hand out that much in dividends it meant they were making money. Now that they don't want to buy residential assets, screw them and dont sell anything to them. Terp will come begging to buy. Sune will then start paying the dividends. Then you will see $30 again
Terp was making plenty of money on buying from Sune (but t was utility energy products). These are residential and they are making money so it just means sune will have to hold them and make the money instead of TERP. Look at Runs valuation. Its not that bad folks.
I paid 21k in california, got 7k back and save about $3k a year in electricity costs. so about an 18% return every year for shelling out $14k and saving $3k. Plus sunrun maintains for 25 years. Bought it 4 years ago
Need to get by resistance at $3.25, a number of small investors bought around there and if still holding will want to get out after seeing the price went lower.
Once we get above that we should see a fast move over $4
The this thing will skyrocket. They need cash and what better way than to work with Appaloosa and its a win win for all