Look... the only reason the price pps has been trending down is because the Sun Works president and vice president sold shares throughout June. Some people say that the selling of shares is automatic and part of their compensation plan. IDK if that is true or not. What I do know is that every time insiders sell, the pps drops steadily until you see insiders buy. Abe and Emil are relatively young. I can't blame them for selling some shares although their timing has been poor. This is a solid long term investment. Buy some. If the pps drops below $3. Buy some more.
The market refuses to over look the continued insider selling.... regardless of whether it is part of the compensation plan or not. I've been invested for over a year too. If the insiders hadn't sold we would have broke out above $5.
Abe and Emil dumped over 100k shares since June 8th. Prior to June 8th, the technical were all positive. Once they started dumping shares the technicals broke down and the pps started to slide.
Glad to see that you're back. And your timing looks perfect with this morning's press release.
Google the Article and Read it. Especially if you are negative on SLTD. Excerpt Below.
Currently Solar3D is trading at a price/sales multiplier of 3.72 based upon earnings of $20 million with a diluted EPS of (2.15) This is a huge discount at which the stock should be trading in my opinion. Other competitors in the same market space are trading at much higher multiples and are not making that much more in revenues. One such example is Vivint Solar noted below.
Vivint Solar (NYSE:VSLR) currently trades for $13.42 per share at the time of this writing and has a price/sales multiplier of 54.61 with a diluted EPS of (.35) with revenues of 20 million. Solar3D recognized the same revenue as Vivint Solar but is trading currently at $3.88 at the time of this writing.
Taking into consideration the price/sales of similar stocks in the same market place, I would put a reasonable price per share of Solar3D at $7.00 and keep in mind Solar3d float is only 9 million shares on 17 million outstanding while Vivint is over 20 million on 105 million outstanding. Vivint does have far higher asset valuation, but the company still loses significant amounts of money and assets should not be the only valuation of a company who loses that much cash.
Editor's Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.
I believe it is alive. These things take time. They wouldn't have applied for international patent protection last year if it were dead. They are building their own marketing and sales network to distribute the cell.