Maxeon Solar Technologies Ltd (MAXN)

[CanItBThisEZ2Make]

Let's see how much better the 2nd part of the day is compared to the first part of the day -->

Buy: 6,124,271
Neutral: 1,850,626
Sell: 9,053,186

GO MAXN$

[Tahoe2468]

Low volume down day is goooooooooooood

[peterus]

lol

[CanItBThisEZ2Make]

Good Morning MAXNers
A little bit of a slow start, but IMO it will go up today :)

GO MAXN$

[WolfWayne]

Did TotalEnergies sell a massive amount of shares or did they get diluted out so as to drop their ownership below the required 10% of outstanding shares for board membership? If I have time, I’ll dig up old filings and compare their present share count with their previous share count. But if you happen to know - do tell.

[Drugdoctor]

Sellers are DONE and GONE- SEC filing>>

Introductory Note

Pursuant to Section 2(d) of the Shareholders Agreement dated August 26, 2020 (the “Shareholders Agreement”), TotalEnergies SE, TotalEnergies Gaz & Electricité Holdings SAS and TotalEnergies Solar INTL SAS (together, “TotalEnergies”) no longer have a right to designate directors to the Board of Maxeon Solar Technologies, Ltd. (”Maxeon”) as TotalEnergies no longer Beneficially Owns (as such term is defined in the Shareholders Agreement) at least 10% of the outstanding Ordinary Shares of Maxeon. In light of this, on July 18, 2024, Nikita Taldykin and Alban d’Hautefeuille resigned from the Board of Directors of Maxeon (the “Board”) as designees of TotalEnergies. The Board does not intend to appoint any directors to fill these vacancies at this time.

This is good folks. They sold and they are gone. Now we know why there was such selling pressure on the stock. Should be GREEN LIGHT now!

https://ih.advfn.com/stock-market/NASDAQ/maxeon-solar-technologies-MAXN/stock-news/94258915/form-6-k-report-of-foreign-issuer-rules-13a-16

[Merv77]

https://www.google.com/search?q=BBB+Maxeon+solar+panels&ie=UTF-8&oe=UTF-8&hl=en-ca&client=safari

[Tahoe2468]

As a result of new solar projects coming on line this year, we forecast that U.S. solar power generation will grow 75% from 163 billion kilowatthours (kWh) in 2023 to 286 billion kWh in 2025. We expect that wind power generation will grow 11% from 430 billion kWh in 2023 to 476 billion kWh in 2025

[Tahoe2468]

https://www.marketwatch.com/guides/solar/solar-energy-statistics/

[Tahoe2468]

Even if there were 1 BILLION shares, and it hit $1, it would only have a market cap of 1 billion. $FSLR has a market cap of $24 million, and $MAXN’s product is better. So at 500 million shares, if this reached the same market cap as $FSLR, then MAXN would be at $48

[Tahoe2468]

Closed near HOD continuation tomorrow please we got a big Moi tian to climb. Weak hands are out and beer money and paper ADHD hands and whatever hands the F*#$! this stock people are gone….

[Tahoe2468]

Agreed herd will come back around lol it has never RS or had any kind of MOASS squeeze

[CanItBThisEZ2Make]

This should be at least over $2 and possibly over $10 IMO even with the huge increase in OS factored in.

NFA - Invest at your own Risk/Reward.

[Tahoe2468]

True true or buy more either way from all I see here no way we should be sitting at .24. My portfolio has OTC stocks that have zero rev sitting higher than this. Push pull shorts will get bored soon and let it go

[Tahoe2468]

Best solar panels of 2024

Still under a $1 won’t be forever no way…

Maxeon

Tied for best overall

Maxeon panels have one of the longest track records in the residential solar market and some of the highest performance as well. While you likely don’t need the best solar panels to meet your energy goals, if you get Maxeon panels, you’re getting panels that lead or match the leader in most categories we evaluate.

https://semananews.com/2024/07/24/best-solar-panels-for-your-home-in-2024/

[CanItBThisEZ2Make]

And Bulls Response to this

An equity investment from TZE alongside a debt restructuring is likely to dilute existing shareholders

Would be that new shareholders will reap those benefits. While existing shareholders that didn't sell will have to wait a little longer to make up for their losses to turn to gains!!

[Tahoe2468]

Bull or Bear… interesting one will prevail

Bulls Say
Business Growth
Volumes are expected to improve in the DG business as it gains better traction with new US dealers.
Financial Stability
Cash from TZE strengthens MAXN's balance sheet, allowing them to keep cash balance above $100 million.
Investment Commitment
TZE, MAXN's largest shareholder, committed to purchasing $97.5 million new convertible note and another $100 million in equity, subject to approval.

Bears Say
Earnings
Gross margins and EBITDA missed consensus expectations, and weaker-than-expected guidance was issued.
Funding
The company still has not secured the DOE loan, leading to increased uncertainty around future funding.
Shareholder Dilution
An equity investment from TZE alongside a debt restructuring is likely to dilute existing shareholders.

[CanItBThisEZ2Make]

There are catalyst fore that!

[WolfWayne]

Added another 5k. Sitting at just over 25k. This is a holding pattern for me. I’m at my limit. And I’m cautiously optimistic.

[Tahoe2468]

Accumulation now till EOD we shall see but tides turning hopefully when dilution ends praying…

[Tahoe2468]

AUG 8th or 9th next catalyst just buy and hold gonna be dumb back and forth till then

[Merv77]

What we going up to $0.50

[CanItBThisEZ2Make]

I can't wait 🤠

[moneydreamer]

100% Agreeee adding more$$$

[CanItBThisEZ2Make]

This is about to get real exciting IMO. For those who done their DD on this they should realize how close the company is to finishing their dilution and reporting great results. This is all IN MY OPINION and NOT FINANCIAL ADVICE. Invest wisely at your own RISK/REWARD :)

GO MAXN$

[WolfWayne]

Just added another 10k pre-market. Sitting at just over 20k total now.

[Tahoe2468]

https://investorplace.com/2024/05/7-solar-stocks-that-could-be-millionaire-makers-may-edition/

[peanutz]

Needs volume

[peanutz]

Starting to get some traction here .

[Tahoe2468]

W forming smart SHORTIES will exit today

[Tahoe2468]

https://solarisrenewables.com/maxeon-solar-panels/

[stevensander]

The company not dumping shares

[Tahoe2468]

Sun power halts operations and is up 13% we get their business and we down lol… I don’t get it.

[green maschine]

Sometimes it can take a day or two for the news to spread.

[Tahoe2468]

New partnership and we are red?!!! Uhm okay

[green maschine]

It seems to be turning up now, but for how long.

[WolfWayne]

150k+ share bid at $0.20. Yikes.

[green maschine]

Hopefully this is the catalyst we need to boost us out of this rut.

[knrorrel]

great

[knrorrel]

very good $MAXN news out https://ih.advfn.com/stock-market/NASDAQ/maxeon-solar-technologies-MAXN/stock-news/94244206/solaris-renewables-fuels-growth-and-delights-custo 🔥🔥🔥🚀

[green maschine]

New Partnership with Solaris Renewables: New Partnership with Solaris Renewables: "Our experience with Maxeon has proven their panels have the best performance, superior reliability and aesthetics, and the support Maxeon provides partners is tremendous, making them the easiest solar manufacturer to do business with," said Brian Sadler, Vice President, Solaris Renewables...Additionally, the fact that we've never had to replace a Maxeon panel in the field gives us and our customers unparalleled peace-of-mind." - Brian Sadler, Solaris Renewables Vice President

[green maschine]

NEWS: https://finance.yahoo.com/news/solaris-renewables-fuels-growth-delights-124000459.html

[ttottip]

Will this finally run?

[ShadowDiviner72]

Shorts can say whatever they want, but why is the cost to borrow fee decreasing rapidly?

In 10 trading days from 96% to 9%

Apparently the demand for short shares is decreasing quickly

[green maschine]

I just had to get back in here. Looks like somethings brewing.

[zino]

July 19, 2024, Maxeon’s total shares outstanding was 549,127,404
https://corp.maxeon.com/stock-information/stock-quote-chart

[Tahoe2468]

I wonder if they being sued they can’t come out with PR?

[knrorrel]

... and what will happen when the shorts buy back? BOOOOOOM or DOUBLE BOOOOOOM...LOL (THE ONLY BIG QUESTION IS - WHEN WILL IT START WHEN WILL THE RISE COME WHEN WILL THE EXPLOSION COME WHEN WILL THE SHORTS BUY BACK?)

[knrorrel]

CRAZY !!!

[Merv77]

Maxi # 1 most shorted Stock