What are you talking about? They had never announced a specific ER date up until now... There is NO such thing as "2 weeks delay".
Last month's strong sales caused lots of backorders. New shipment (special orders) are trickling in this month. I was told that they are extremely busy filling the backorders this month . As a result, when shipments are made this month, sales will be recorded in Q2. So far, I visited 5 stores in SoCal.
I don't care too much about Q1 since i strongly believe Q2 will show growth in both top and bottom lines.
I completed my Bellawood Maple hardwood. Looks gorgeous! I placed more materials for my 3rd floor. I have to find time to pick up this week. Will report back.
Yesterday, I had to go to several LL stores in LA County to purchase their last remaining clearance Bellawood hardwood flooring. Each store that I visited (4), I was very impressed with the professionalism that these sales clerks have shown. Not only are they are subject matter experts, they definitely know there stuff and are very patient in explaining things.
I commend them for a job well done considering that the stores were very busy. You can't get this type of foot traffic from HD or LOWE.
Tepper is not known as an "activist". He's a whiner. Any disagreement he has with SUNE management should be done close doors and not use the media as his circus.
Since the conference call, things have changed (psychologically) for the better. Potential stock buyback and raising the dividend.
remaining shareholders don't want a ride on his new boat. If you are burned already once, why would you stick around again? He may even sink the ship and let you fend for your live while he calls up his drone to pick him up. :)
That's not a lot of cash when you have to further write down your inventory. In addition, they may have to further reduce their selling prices if the inventory doesn't move. It's a snowball effect. In order for them to be ahead of the curve, they will need to expense mega R&Ds and marketing costs to move the needle. Yet, competition is NOT sitting idle either!! Xiomi? Amazon? Sony? Polaroid? Apple? Point is, why would anyone even need an action cam? My iPhone6 does a very good job. It has its own mounting case.
I have been a bear ever since GPRO went IPO. Camera on a stick was just a fad. I've watched how Cisco folded Flip cameras and knew GPRO was nothing but hype. Furthermore, Nick isn't the CEO type to be running a hyper growth company. The guy may have lucked out copying Flip cameras from the back of his van. He was nothing more than a drive by wonder boy.
GPRO will eventually fold and file for BK. It could be sooner rather than later if Amazon ever does enter this space. Anyone want a "Fire Cam" by Amazon?
The stock buyback will be a flush down the toilet. When I first heard of the buyback, I knew all along that Nick was NOT the CEO caliber type.
It's a dead company! Why do you think Cisco wrote off on the company that made the Flip cameras?
it's a ONE trick pony that has NO innovation.
I think there motive is to drive down SCTY stock since bashing SUNE will have a direct impact on the sector. This is to avoid conflict of interest. Get it?
9200 shares at avg $3.05. Rode it up to $6.65 and rode it down to low $2ish. I don't care. All I know is that the insiders have heavily bought at the $10-11 range. They have MORE to lose and will do everything possible to steer this ship and keep it afloat.
The last time FSLR traded in the teens, everyone was talking about BK. Hello. Look at it now..
SUNE will survive. Don't let the talking heads scare you off!!
Definitely noises. However, the noises coming out of Gordon's mouth on SUNE is an indirect slam on SCTY as we know he and his buddies are shorting SCTY. This way, there's no conflict of interests... Tada!! Perhaps MF is also in on it!!
The bigger question is if Einhorn still owns SUNE after this recent plunge in January..