Bull you haven't stopped preaching your convertible debt story, Mt Washington, still civil and curteous, Milluzzi still hoping and preaching the solar gospel despite the lousy performance of the stock.
Guys not even the so called experts understand the accounting gizmos of these solar companies. David Einhorn has gotten creamed on his sune holding. SPWR has another 20-25% left on the downside based on simple chart reading and lines of support. Cheap commodities especially natural gas and potentially rising interest rates do not bode well. Margins are razor thin as competition heats up for low margin business.
Put your ray ban's on and look at the sun. What happens? You get burnt! Buyers won't step in until they see some type of capitulation. When that happens you will get your trend reversal. Until then, play defense. The stock is trading horribly and the markets are on edge. A recipe for a big flush
"Traditionally, car companies do not offer incentives, unless they need to move inventory for which there is no immediate demand. Maybe Tesla sells cars that are too expensive. Maybe its cars are niche vehicles for which there is not much demand. Perhaps it does not have enough charging stations. Where are the tens of thousands of people waiting for their new Tesla automobiles?"
run for the hills. Perhaps he should have been looking at the crazy valuation his stock was trading at. Not to mention paying a stock PR firm to pump it up. Good luck folks. Can't wait to hear more from the CEO about how his stock is being manipulated...blah blah blah.
Been away from solar for awhile. Also tend to post mostly on stocktwits now. Like it much better than the yahoo boards. Only solar play I have going now is a recent purchase of ldk solar. LDKYQ. They just emerged from bankruptcy with a sliver of equity. trades at 14 cents. So I took a gamble and bought 50,000 shares. Booyah! Looking for a homerun.
To be direct. I hate the fundamentals of all the solars. Terrible business. Margins are too small and they are all saddled with debt. SPWR included. I'm a bit skeptical as I don't think demand is as great as it seems. Especially if you believe the post I made prior. Speculating with ones own balance sheet to build power systems reminds of building spec houses and hoping a buyer comes along quickly. Well what happens if interest rates spike and financing systems to get a reasonable rate of return doesnt work?
Here's some more info."he point is… the banks are not lending, suggesting the MASSIVE amount of debt needed by Chinese solar companies to continue the idea of being “sold out” is POSSIBLY coming to an end (thus, YGE’s announcement). Chinese solar companies are building projects on balance sheet that are NOT collecting cash (enabled by debt that will likely never be repaid – show me, mathematically, how JKS will pay back its $1.2bn in debt… please!). This is why JASO reported a C1Q15 +$50mn EBITDA number, yet saw cash-flow-from-operations fall -$38mn q/q (ask yourself how that’s possible, beyond financial engineering?). This is very troubling, and simply stating demand is strong in the face of falling pricing is just WRONG, in my humble view."
To me it sounds an aweful lot like building spec houses with debt and hoping a buyer comes along. As we all know that party ended badly for many. In regards to csiq, they did lower their log term guidance for the full year. Turbulent seas ahead.
Today was not a great buying opportunity. Today was simply a down day inside the upward channel. A better buying opportunity awaits when it tests it lower band in the channel around 120ish. Big funds are rebalancing and locking in profits. Wait for it to all end and then jump.
Every day there appears bugs in the Finance section. Grayed out links to messages, problems posting, Navigational links appearing on some pages and not others. Technical issues with pages not appearing with messages like"We'll be right back." Really Yahoo? Seems like marissa is driving this company into the ground. She may be working hard to create tax havens for its holdings, but she is dropping the ball on the everyday operations and content of the website. Yahoo is dying a slow death and no doubt will be sold off to a larger media company. Very sad indeed
No other realistic options.
if you got in at 15, you are sitting pretty. Rest of us are officially investors. At 19, LC provides 20% upside to analyst targets. More news from the company and a successful first quarter and this stock will be back up there.
Spwr, fslr, csiq all trading at or very near their 52 week lows. What a shame. Was 2014 the peak for solar companies? Seems like estimates for 2015 are not being believed. Otherwise these stocks would be doing well. Especially CSIQ which has and will post a phenominal 2014 year. Very low expectations for 2015. I can only conclude these stocks are going lower. With or without a yeildco. SPWR may fair best as they have a pretty decent portfolio of systems to spin off into a yeildco. But even their big projects will come to a conclusion. These large pipelines of projects seem meaningless.
Incredible turn around wasn't it? LC still needs to break above the downward trend line, but I wouldn't be surprised to see this back to 23 by Friday. Which by the way would break the trend line to the upside.
I havent seen any specific data other than the company focuses on loans up to 35k. However they are expected to originate over a billion dollars in new loans this quarter and with the IPO money some acquisitions of other peer to peer lenders is in the cards. Stock is getting played and will be a momo stock both up and down. Buy and hold through earnings. None of the big boys or underwriters have come out with analyst ratings yet. Just Compass Point and Stern Agee who don't seem to understand the fee based model which provides huge upside growth and steady predictable earnings. Very similar to how fee based Financial Advisers get paid.
LC is rapid growing and needs to continue to capture market share. I would rather have them spend money on capturing market share and build up their loan portfolio to capture the 1% fee plus origination fees. Sales and marketing dollars can always be turned off to capture profits. Get the rent role up first and there will be plenty of profits to share.
No reason to sell now. Sell when you have profits. Don't pay any attention to Stern Agee. A bunch of clowns. We won't know anything meaningful about LC until its earnings call.
Perhaps still a little overhang from the IPO. And perhaps if you believe the stock is under accumalation big buyers are sitting at and below the bid sucking up the inventory of shares. The way this stock has traded in its short history, we could easily see this pop back up to 25 in no time and then hopefully off to the races with positive reports. Its a great business model and should be a huge cash generator as long as they can get the good loans.
295ish and then back to the 52 week low of 284. May have to wait till earnings to see it but short sellers will be looking to jump on the downward slope if not already on it.