oil going up makes solar hot again, wait for the news its summer time expect lots and bigger 2q
dont wait for the media press releases
yeah now its up, called a head fake.........dont wait for the volume spike on news thats coming, nextera may start to like it a bit more soon
this means 35% of current share holders own SCTY IOU SHARES which are fake shares, put those fake shares for sale at $75 see what the "shorts" will need to do to cover....p.s. dont wait for the big volume day to cover
the last several months oil crashed but is back to december highs ...summertime is coming plus more money from california and now commercial pv projects are being built just like spwr and fslr.....top wont be until after summer
more importantly the magnitude of the Cali news will hit shorts hard as this means more revenue from new ,existing and future residential solar systems, once the mainstream gets it , all over for shorts.
solarcity will have to revise its break-even point a little sooner then before. Upgrades will come before earning bank on it.
sorry support is at $58.57 not 57.57 we will see once scty goes above $61.09 it goes straight to $62.42 then higher because at $61.09 the shorts will start getting the margin calls.
i bought some hanergy at $.18 early last year but sold at break even, when did you find solarcity
analysts expected a loss of $1.25 or more. do you remember when Tesla edged into profit....I do. SCTY has 1 gigawatt installed and is building the solar giga factory. the coool thing is that solarcity share float is 35% short because the dummys think it will go bankrupt just like they thought tesla was going bankrupt.
and put them for sale now at $120 to keep the shares from being shorted away from , this will keep your shares real and severely limit the amount of shares available for shorts. when scty moves up you move your price up until you want to sell for real, not just you everyone long should do this set price at $100 open limit gtf order 1 month. have your shares active in the market just keep raising the price as SCTY goes up untill the day you want to sell.
a zero resistance stock is always a take over target stock in biotech sector , in Solarcitys case it means its going back to either 52 week high or historic highs.
thats a lot of months of shorting to cover