oh yea and lets not forget to compare this total scam scty to the likes of aapl and goog, which create and make their own products rather than scamming people into long term leases hahahahahahaha.....hilarious
I live in CA fella, and I see hundreds of other installers beside scty in business...this is the only state that will have business for scty...even then, once people even here in Cali wake up and see the whole scam behind the scty leases, it will be game over for them....soon panels will be cheap enough for an outright purchase even by lower class people...or a simple loan to buy a panel even makes more sense than the total scam scty lease (which will escalate your energy costs to stratosphere within a few years relative to even what people on the grid without any solar will be paying). Cheers and good luck!!! lol
in ten years scty will not longer be with us...if you double down it will all go to zero. I would invest in real solar companies if I were you, not leasing/financing scams like scty...
SCTY is actually a lot worse than SUNE because SUNE is a real solar company, however, with a lot of debt. SCTY is a pure leasing/financing company masquerading as a solar company and getting a ludicrous valuation because of support from "God Elon". No one even seems to care that SCTY is just as heavily indebted as SUNE because "God Elon" will be there to save the day no matter what lol!!! SUNE now trading below fair value probably due to fear, while SCTY is still SIGNIFICANTLY overvalued...we see $20 here or so this time next year as the scam begins to get exposed more and more and even "God Elon" won't be able to save this one...as always do your own dd on this, as we thoroughly have. Cheers!!
it does not matter until it does....and whenever that happens, and it will with 100% certainty, this will correct to $40 or so, where the true fundamental value of this company is...cheers!!
unfortunately, you should understand that holding this stock presents a TREMENDOUS risk...one more wrong thing with ANY of the reactors around the world and that will be the end for nuclear for the rest of our lives...URG would go to 1 penny immediately and stay there until ch 7 or 11...and with cheap fossil fuels, there is absolutely no demand or interest to build new nuclear plants...hence this stock will be in the pennies for a very very long time unfortunately...all of this sucks because I too hold some of it, but I have now pretty much realized to write this off for one to two decades, because it seems we will have cheap oil and gas for a very very long time to come...
there is NOTHING transparent about this Company (same story as with tsla). The financial reports are some of the most difficult, cryptic reports I have ever read in my professional financial career, it is very analogous to the Enron financial reports prior to the collapse. Sell side analysts are motivated by one thing: MONEY. The way they get compensated is by their brokerage selling the stock they cover. Talk about conflict of interest lol. if you don't know any of this you should NOT be buying individual names in the market. Cheers!
you don't have any money because you buy scam nonsense like this stock...and going forward you will be parted with more money if you keep buying, as the famous saying goes "a fool and his money will soon be parted". Cheers!
Investing in solar is one thing, investing into a leasing/financing company masquerading as a solar company (scty) is a totally different thing. Cheers!!
He never bought $50 million worth, he is NOT that stupid, he only bought a small $5 million chunk with the money he BORROWED from the underwriters in the most recent TSLA secondary. He was doing the SAME thing to keep TSLA shares afloat for years now. I am 98.9% confident, however, that the same fate awaits SCTY as we have seen with SUNE recently. It is pretty much a no-brainer, you'd have to be a total idiot to hold this leasing/financing company scam masquerading as a solar company roflmao!!!!
They will be forced to do another big reverse split and subsequently another HUGE round of dilution...anyone holding this stock is doomed and will NEVER make their money back. Cheers!!
Thank you sir, best of luck to you as well. And even though "I have no idea what Im doing " (LOL considering I'm a pro financial analyst), I have been heavily short this bubble since the $140's. Hence I'M MAKING CHEDDAR, wish you the same sir lol!!!
yes I have, what about it? EBITDA next year will be significantly below the EBITDA they earned over the past year, as the revenue has cratered...so based on next year's much lower EBITDA the EV/EBITDA multiple is actually quite high (in the teens). That will come down into the single digits next year since a business with declining revenues and issues with their product do not deserve to trade above 8x multiple. Cheers!
why should he go to jail for shorting a total scam of a company and total scam business model? No sense at all...see you below $30 soon, cheers!!
and you sir, based on your amazing comment, need to take some elementary accounting classes as well...and stay away from individual companies, because people like you that can not read financial statements get trampled by awesome scam artists like Elon Musk...cheers!