Who know how many bombs SOL management are still hiding until the earning day ????????? It is not a good management to investor. Or they simple treat investors as ATM whenever they need cash.
SOL management must be kicking their own #$%$ now by pushing down their own share prices by 33% in 3 days ! How stupid they are !!
For investment stock, you buy more when it drops. For trading stocks, you go long when it is in up trend, short sell it when it is in down trend.
Some stock is for investment, like CSIQ, FSLR, SPRW, SUNE, JKS. Some are just for day trade like HSOL, SOL, YGE, CSUN....
Are they going to report earning in January ? Hope they have better news this time.
The CEO would not need to spend $1 million to buy JCP stocks, no one asked him to do that, but why he did that ? Reason 1: he wanted to throw away his money. Reason 2: He tried to tell everyone that he has everything to loss if he can't turn JCP around. I believe in reason 2. Even billionaire don't just throw away $1 million without thinking about it first.
If you are employed, do you want to invest $1000 to your company when it is dying ?