Enphase Energy Inc (ENPH)

[Tommy John Surgery]

Janey...the terms aren't exactly favorable. The spin however I have seen related to this financial arrangement seem to be for the most part extreme. If the loss of ENPH's primary partner in Australia cuts deeply into the initial results related to the battery test market and take up; ENPH could be under considerable pressure. However, I will be watching closely for any perceived curve as a result of cost and pricing reductions. If the company kicks the can down the road again and hints to delayed returns from the battery storage initiative I may have to consider halving my position and hedging against a farther downturn. In the meantime, I have been really successful at averaging down while growing my holding. It has traded in a really good range for many months. I am still hopeful and clinging to my bullish sentiment. Time will tell...

GLTY