Facebook and Google eating their lunch,I would hate to be long here with 25% premium due to article in WSJ last month.
Raymond James affirms SolarCity Corp. (Nasdaq: SCTY) at Outperform with a price target of $75 as the company looks to push into community solar.
Raymond James affirms SolarCity Corp. (Nasdaq: SCTY) at Outperform with a price target of $75 as the company looks to push into community solar.Analyst Pavel Molchanov commented, The “low hanging fruit” for residential PV adoption is, not surprisingly, single-family detached homes. As we detailed in April 2014, there are 70 million such homes in the U.S., with over 15 million in states where retail power prices are particularly conducive to residential PV (that is to say, $0.15/kWh and up). But obviously not everyone has the opportunity to “go solar” using traditional rooftop systems that SolarCity, Vivint Solar, Sunrun, SunPower, and many other players provide via leases, PPAs, or loans.
Earlier on Wednesday's trading session, SolarCity announced that it "and Minnetonka-based solar developer Sunrise Energy Ventures have partnered to create a new community solar program offering that allows renters, schools, municipalities and other current Xcel Energy customers to purchase renewable energy without installing solar panels on their properties. SolarCity's new community solar program will develop a series of up to one-hundred 1MW(AC) community solar installations, or "gardens," in Wright and Sherburne counties."
On the announcement, Molochanov said, To be crystal-clear, this is not going to be a particularly needle-moving project for SolarCity. For a company that’s guiding to 2015 deployments of nearly 1,000 MW, 100 MW (presumably over a multi-year period) is of limited significance. It is, however, a very substantial amount in the context of the fledgling community solar space. GTM Research’s recent data shows only 66 MW of community solar systems in operation domestically, so 100 MW would single-handedly more than double that.
Google this with todays date
This will be sub $55 Friday, after jobs report. Sometimes you just have to take a profit and buy back in later, you will see look at the PR on this thing, way way ahead of itself like WDAY SPLK YELP,this is not a nflx amzn, you guys will have to learn. It's not that easy to make $$$ like this, take some off the table, the rug will be pulled out don't say you were not warned. This is not 2000 or 2008 but this thing is way over valued here. Good Luck
I was shorting this in the $90's and below, you can search and see from old posts. I got a few wrong, but I stopped shorting in the $40's, made a lot of $$ on it. All analysts over a year ago had strong buys and were giving over $100 price targets , now they down grade. This stock might disappear soon, FB TWTR and especially GOOGL killing them. Does Goldie and the other guy I forgot his name starts with an O i think, do they still post here. YELP is done my friends, Good Luck and sorry to the longs I never would listen to a poster on a restaurant or anything from someone I don't know.
you are a complete 1d10t ,u still working for yelp Goldie, find another company to root for,go back to scty.
Thanks Cle,Short on GPRO is not doing well, my longs TSL,CSIQ,SPWR,GOOGL,GILD AAPL,CLX,SWKS ,VAR,NXPI,APA,hes,BEAV,DAL,getting crushed
thanks Cle, I'm thankful I got out of SUNE at $28 SPWR at 27.99 and TSL at $10.99, was playing vix UVXY and TVIX but it turns ur stomach, even when winning. I got burned on AKAM short after earnings.
you too I also bought TWTR at $27, never owned it before only shorted. All I own is Googl Scty and twtr at this point. My best short ever was yelp in and out from $90's, I stopped shorting in the mid $40's never thought it would be almost cut in 1/2 again.