SunPower Corporation (SPWR)

[sorkin]

Why rally today?

[whytestocks]

News: $SPWR West Valley-Mission Community College District Commits to Solar Expansion Project with SunPower that Includes Battery Storage

SAN JOSE, Calif. , June 13, 2019 /PRNewswire/ --   West Valley-Mission Community College District (WVMCCD) recently selected SunPower (NASDAQ:SPWR) to deploy a fully integrated solar and storage project across its West Valley and Mission College campuses in the heart of California...

Got this from https://marketwirenews.com/news-releases/west-valley-mission-community-college-district-commits-to-solar-expansion-project-with-sunpower-that-includes-battery-storage-8350712.html

[ClayTrader]

* * $SPWR Video Chart 05-10-2019 * *

Link to Video - click here to watch the technical chart video

[GermanCompanion]

[GermanCompanion]

Check out CETX!!

[Jack Tripper99]

Was wondering the same thing lol. Not complaining though, love this stock.

[x1power]

Calif. Fire Season is Jun-Late Oct or so . . . unless one starts in city environments for numerous reasons?

Our new solar cell plant should be going by then, one hopes.

Curious why or what you think would be effect on solar cell installs (as
to fire season). I suspect (but have no data to support me) . . . that solar cell installs are easier to replace than electric power lines? Smoke
seems not to be a problem for solar cells (they can be cleaned). Solar
Cell installs are rain and snow resistant. Flame and Temp extremes would
naturally be a problem . . . though one could design an automatic sliding
cover for their protection.


I will call my insurance agency and ask about what they think on the subject, and report back to board.

[x1power]

I cannot foresee Calif. collapsing . . . too dynamic tech hub and port system. Only dull folk would desire to rebuild in burned-out fire areas, without working to restrict intercity-ities from just moving in and acting like 'we-is-new wildness lovers' and free-will-ers with no covenants or we are not in Los Angles Toto. <---Regional Planning and Forest Area Patrols needed. Gee . . . Susie Q . . . looks like we has to keep paying them Gov Taxes after all?


According to Artl. on Money Dot-Com MSM after typing in SPWR QUOTE . . . 2020 start of Mandatory Roof Top Install for new types of Dwellings and Storied Buildings . . . it should average about $10K increase in dwelling cost for average costing? Within 10 years or less, dwelling owners earns back electricity feed=back light bill savings and price cut on their energy use billing. Within changing tax laws adjustments, it actually makes sound sense to do it.


Freedom demands Responsibility


SPWR stock price bouncing around right now off basing range currently? I am holding with recent buy for LT rise.
2020 elections revolving around Democratic Green Energy Deal Mandates may force Repubs to go along for each States share of the loot (I mean
funding), especially if it gets tucked into Infrastructure Bill?

Calif. now set up to reap nice Carbon Tax Incentive Credits and other states will follow suit. <---way to cut deficit spending state budgets
with actual investment in balancing out money shortfalls in hard capital
investments. Beats BK scenarios.

[OldAIMGuy]

Last year's losses were awful = +9% gain for today!

Makes perfect sense to me!

[GermanCompanion]

Because of California being notorious for fires I'm selling at whatever price the stock is at in fire season

[x1power]

What is your thoughts for increased/deceased solar panels sales effect of Calif. Utility PCB BK? In other words; might distressed home buyers think more of installing latest design stand-alone SPWR solar panels, for independently sourced power on their to be new homes?

Will home insurance companies insure such energy independence for pending
home buyers as customers? <---Would newly formed Calif. Private Power Utility 'work' to stop such SPWR Sales? It will be 'illuminating' to see how State of Calif. deals with such 'free will' citizen desires for home energy independence choices.


Another potential SPWR panel sales issue is related to recent Calif. Cities and Counties thinking of opting for community owned and operated solar cell energy parks.

[GermanCompanion]

THIS IS EXCITING! need I say more?

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1PC1WE

[GermanCompanion]

The CEO said on a news interview 7 months ago that sunpower pays $2,000,000 a week in teriffs. So Feb. 7th the company will be saving only $100,000 on teriffs per week until Feb. 7 2020. Then the company will be saving $200,000 then Feb. 2021 $300,000!

Feb. 7 2022 will the company be saving $400,000 a week or will teriffs be lifted?

[GermanCompanion]

1st quarter of solar panel teriffs end Feb. 7th could this effect the stock price?

[OldAIMGuy]

SPWR has been very consistent in losing money. Great product and service doesn't always make up for bottom line losses.

[GermanCompanion]

is the recent drop caused by a CEO sell? Why do you think the price spiked then dropped? Do you think this is becoming a company that manipulates it's stock price?

[Neophius]

There's a supposed JNSH Investor Relations twitter account InvestorJnsh claiming that JNSH is performing several of the Illinois Wal-Mart installations as a subcontractor to SunPower.

This is being directly pumped. Anyone have an information from the SunPower side if they use local installers in general, or any additional information on the installations?

[baddteeth]

What are you basing your $20 call on?

[Trons]

$20 in 2019

[ClayTrader]

* * $SPWR Video Chart 11-26-18 * *

Link to Video - click here to watch the technical chart video

[OldAIMGuy]

I've been watching, but there wasn't any specific news today.
A rise like that would have scared some Short sellers, however.

[baddteeth]

Anyone know why this jumped 17% today?

[OldAIMGuy]

Big move up today.

Value Line gives SPWR a 3-5 year price target of $16 to $30
Safety and Timeliness still remain at "5", lowest

It would be nice to see them move back toward the Black on earnings.

[Shavasana]

Tariff loophole. Solar.

[ClayTrader]

* * $SPWR Video Chart 09-18-18 * *

Link to Video - click here to watch the technical chart video

[TTIME]

SPWR..Nice News !!

[TTIME]

https://finance.yahoo.com/news/8point3-enters-definitive-agreement-acquired-221300074.html?.tsrc=rss

[detearing]

SPWR I played long ago and made a ton. It can move fast. Looking back I unloaded and reloaded at pretty good times...perhaps lucky. I believe they are a powerhouse company with much more upside than 10 btw.

[OldAIMGuy]

I guess you're correct.
Nice rise from under $7 in October to above $9 today.
Still quite a bit below its 52 week high.
It appears the stock has been under some mild accumulation since around
the beginning of December.
It's finally above it's 26 week moving average price, too.

[detearing]

SPWR doing very well and can jump very quickly from past experience.

[x1power]

The puzzle piece is who would get the solar cell wall contract for Administration Border Wall? That may not happen if proposals are enacted for an upgraded 'electronic wall' and more border guards instead of actual physical wall?

Suspect we are being played with by larger stock market players, for now.
Just watch and see how far down they are willing to bring this stock.

SPWR should do well as its steadily getting set-up for domestic USA production of new solar cell design.

All we have to do is focus on USA weather damage areas with proposals for installing solar cell farms and neighborhood solar projects.
Replacing power line grid systems, means just waiting for more weather storms and flooding repeat power lines installs?

Last night on PBS TV, coal executive stated solar power costs .26/watt verses wonderful coal smog power that is way cheaper, according to him.
He did not mention health costs to public and water pollution,
etc. costs.
Evidence of one-sided angle of attack against solar power, especially if citizen user actually owns and controls own power system.

National and regional logical planning, is opposed by certain interests that want only their side to have control.

If stock price gets taken down below $6, I would personally buy.
PPS will be rewarded over time. This is a stead growth industry, that will keep lowering its costs as tech improves.

[Shavasana]

These guys keep
Ranking out huge projects. When will the pps be rewarded?

[x1power]

Check latest news today, as SPWR is jointly creating solar power grid in Chile, to power its underground railway network for its Capital, via
solar power farm (and will use robots to reduce solar cell cleaning costs).

Can and should SPWR create portable solar cell packages for Puerto Rican
homes and families, now w/o grid power in remote areas?
Will USA front the bill for PR solar farms, that can be made of wind storm and water resistance deign? Which is better: continuously re-stringing
above-ground power pole electrical grid system, or just bringing in more solar cells to replace those lost or damaged by weather system forces?

If PR homes and businesses are to be rebuild: why not provide them with solar cell power system, that can rotate into reinforced building and roof, if dangerous weather systems approach?

Should SPWR, approach federal and private USA insurance industry with new tech ideas, that save lives and property claims?

Was it not somewhat weird that foreign-owned and USA based solar companies were the ones that brought the anti-dumping lawsuit case, to USA Federal decision making panel?

Are we in USA facing foreign sovereign government funded economic competition in our market place, as form of economic warfare against our workers and their families?

If we allow overseas USA companies profits to be returned to USA without taxation, will those returned un-taxed dollars just go into stock buy-backs, etc. without any net new USA-sited jobs and plants and infrastructure creation domestically?

These are active issues that will effect SPWR destiny and stock price.

Anyone care to comment on above?

[x1power]

Puerto Rica is BK and so is its power utility.
It can only hope to re-install its above-ground grid power with outside help. How smart to not remove branches and trees that high winds will cause to break power lines. Or, place power lines within elevated plastic tubes, supported on triangle reinforced struts.

Is there solar cell farms business possibilities for SPWR herein, as SPWR
can train and supply solar farms business venture that does not operate
with very strange PR power utility? <---they are BK, buy them out of sections of their service business . . . if SPWR gets to operate and run
and control independently. Free Enterprise or Government do-it-again
Power Monopoly?

Independent solar cells and a battery or two and an inverter . . . not too out of reach for average family, for emergency power . . . don't need no stink'en petro home generator?

Who is going to invent alcohol-based, T-tube airflow air-conditioner?
A pressure drop is caused when air flows through the T-tube connection and drops temp gradient, as fan blown A/C alcohol gets temp drop.
The T-tube connection drops air pressure and temp, as one of the T-Tube branches is open to ambient surrounding air pressure drop, as air pressure flow is applied across the other tube ends.

Check also the Minto Wheel power Generator, that utilizes solar heating in its power generation. Florida Inventor device.

White House passes anti-dumping provisions for USA solar industry competitive advantage, we is on our way (as 2018-2019 SPWR USA new % Delta eff solar cells start coming off our new plant lines).

USA state governments are being pressured to pass utility favorable laws,
that stop home and business owners from having off-grid solar cell power.
Is that not Restraint-of-Trade legal issue?
IF the solar cells are portable and inside a solar greenhouse attached to your home, is that not federal legal home domain privacy issue?

Is the government going to tell me I cannot walk around with a solar-powered back pack, for my cell phone and tablet power source?

[x1power]

We shall see.

[Shavasana]

Perhaps it's just the solar eclipse causing fear?

[x1power]

Which direction?

Note: Golden One has speech to night 6:00 national TV.
Is there to be trade dispute over tariffs (maybe announced) on imported solar cells? Are tax-credits due for overseas profits recycled to USA plants with new infrastructure mandates included?

Kids stay tuned! Stranger things have happened.
Secret talks to be disclosed?

After all is said and done . . . solar cells are quickest and cheapest way to create net new energy.

[Shavasana]

Here we go!

[sorkin]

Hope not

[Shavasana]

Nice. Wonder if it will break resistance here and drop to low 8s

[sorkin]

Bought today avg $8.84

[eFinanceMarkets]

$SPWR SunPower tumbles 20% but analyst sees buying opportunity

SunPower (SPWR -19.4%) sinks ~20% following better than expected Q2 results accompanied by weakened Q3 and FY 2017 revenue guidance.

But Oppenheimer analyst Colin Rusch thinks today's drubbing provides a buying opportunity, saying the guidance cut was due simply to SPWR adjusting the time frame on certain projects in Mexico in an attempt to capture more margin and noting that the company maintained its projection for positive operating cash flow despite the cut.

Rusch also writes that he "would not be surprised to see SPWR and FSLR to complete a sale of CAFD" in H2, given the strong demand for solar projects, adding that using any proceeds to reduce debt would be a positive catalyst for the stock.

[stocktrademan]

SPWR buy 9.075

appears to be maintaining an upwards channel trend
at lower channel line and moving average support
low risk high reward trade
long term double bottom type of bullish reversal









normal chart




log chart

[stocktrademan]

Do you seeing us filling the gap up to 14? Soon??

So far so good, I think it will reach it soon. Long term the chart is looking like it is making an important reversal upwards. So sooner or later the price should even go above the gap which will get even more buyers interested. The chart might have some resistance at the gap during the first visit but I don't think it's going to reverse at the gap back down.

Taking a look at the weekly ichimoku chart it can be seen the price is entering that wide cloud area. One would think how thick it is means heavy resistance, but actually once it gets inside the cloud it can move around like its in no mans land weightless so to speak. It's a neutral area. So the people who play trades inside the cloud would be waiting to target the upper area around 16 or so really.

[Picks77]

I hope. I'm in at 14.5

[rosemountbomber]

Do you seeing us filling the gap up to 14? Soon??

[RCL Cruiser]

Love the chart breakout here. No specific news that I can see. Bought 20,000 shares and will hold long term.

[stocktrademan]

SPWR buy 9.75

bull flag breakout
double bottom
bullish divergence









normal chart




log chart

[Tom Joad]

Solar energy will get a boost from affordable batteries. That's why I'm posting an article from the New York Times. You can view that free of charge but the similar article on the Wall Street Journal requires a subscription. From the article-

The Bloomberg forecast is far more aggressive, projecting that plug-in hybrids and all-electric vehicles will make up 54 percent of new light-duty sales globally by 2040, outselling their combustion engine counterparts.

The reason? Batteries. Since 2010, the average cost of lithium-ion battery packs has plunged by two-thirds, to around $300 per kilowatt-hour. The Bloomberg report sees that falling to $73 by 2030, without any significant technological breakthroughs, as companies like Tesla increase battery production in massive factories, optimize the design of battery packs and improve chemistries.

Batteries enable introduction of electric cars

[Tom Joad]

News about battery development comes often, but industrializing what's discovered is another matter.

Johnson Controls is deeply involved. That's where I would look for another angle on industrializing the latest battery technology. From 2013-

Johnson Controls advanced battery industry creation project

We have the co-developer of the lithium battery making noise, but critics say the laws of physics have to be rewritten to accommodate the technology.

Goodenough introduces new technology

Suppose Tesla makes lithium batteries affordable but they're not as good as a hypothesized new technology? That's happened before as when alkaline batteries were the expensive new option for the old style batteries, and now lithium is the expensive new option for alkaline. That may pressure the margins on lithium but companies continued to make older technology batteries and I don't think they did that because they were loosing money.

I'm talking about flashlight type batteries for now, but I don't think it's wrong to extend the argument to cars and such. After all, Tesla's battery for cars is lots of small batteries linked.

I don't know of anyone that can see the future with certainty. Maybe Goodenough or the nano battery developers have something that's economically disruptive to Tesla, maybe not. It's just I don't believe battery developments are always economically disruptive.