is...waitin' on a dollar
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Pump and then dump?
Welcome to the SUNNOVA message board!
SUNNOVA had a daytime high of $11.95 today
SUNNOVA priced their IPO at $12 per share
SUNNOVA did an IPO on July 29, 2019
SUNNOVA (NOVA) trades on NYSE
NOVA is SUNNOVA
If they want to ride the tail winds they may want to rethink the products they sell to their customers.
https://www.fool.com/investing/2019/08/01/where-will-enphase-energy-be-in-5-years.aspx
It’s holding up better than I anticipated which means they’re closer to equilibrium with their investors. Soon is when they attempt to raise cash and dilute further. The remanning retail beyond this next update are the ardent owners who refuse to believe they’re being had and help the company cut their own throats. Can’t see the forest for the trees.
One thing Dennis Lacey knows for sure; there’s a sucker born every minute. Care to extrapolate how the previous two monthly CC’s “results” fared?!? Not the bogus RGSE “all is roses” scenario, but the actual results? As with previous CC’s they gave themselves enough wiggle room to not break the law, but make anything they could “sound” positive. Of course, they were non-committal to everything expressed and used supposition as the means to sucker in new investors that don’t know the RGSE history of dilution and numerous R/S. To answer the question, just wait for the reaction, because nothing is positive except the exceptional spin.
Few things, I listened to the call 3 more times and I am even more convinced they are in trouble. I missed a few choice words and phrases while listening live. They are relying heavily in supposition, have already provided outs for comments today and comments in previous 30 day updates, found it amusing that Lacey didn’t even pretend that there would be analysts listening in let alone covering them or asking questions, and lastly I believe the “operator” was more sure of herself than Dennis Lacey was in reading prepared remarks and she wasn’t very good either. This company is in serious trouble. Dilution is on its way as they are hopelessly floundering on the premise that some 30 day updates will bring in new suckers.
Well, Lacey and Fine spread a good deal of BS and many naive investors believe it all. (To their demise) I cant understand how anyone could even remotely see anything positive with that call and update. It’s been a few monthly CC’s and things aren’t getting better. Bottom line results are nowhere to be found. Just more of the same BS to keep retail in tow. Their outlook is bleaker by the update. Unless of course you’re foolishly bullish.
Well, Lacey proves once again he’s an awful CEO. This goes much lower between now and the next update. Maybe then they’ll actually have some coverage and analysts for their CC’s?!?! LOL
How much of a beat on revs and margins for the Q?
Plenty of projects that hopefully WILL be profitable, but thats a mighty swing for good ole SUNW!
??? How?
But the facts don’t prove this out, yet.
Devil’s Tower
Wait. I blinked. Did I miss something?
But what many if not most RGSE investors don’t recognize is the problem that even with the awards they are easily back in the pack in solar BIPV shingles. Depending on metrics used to rate the competition RGSE falls somewhere in the bottom half of rankings. GAF, CertainTeed, TSLA, and SunTegra are all leading in various metrics over RGSE. While DOW could easily be in that mix with PH1.0 RGSE and PH3.0 still haven’t made a dent in those rankings yet. Time will tell, not if PH3.0 can make its mark, but if RGSE can survive long enough to reap any rewards from their ramp and commercialization.
All eyes have been on the last two reports and yet they’re still sitting at .30 even though the retail excitement and statements puts thus at $1, $1.50 or $2 based on reports. Problem is the “reports” they are releasing aren’t “real” numbers. When and IF they release actual AUDITED financials with increasing Revenues, Margins and Profits and not numbers with circular disclaimers put out by the same individual responsible for BOTH fiscal and accounting roles, will they have a chance at turning a corner. This will suffer and be mired in doubt until then.
RGSE WILL DILUTE AGAIN as they always do. RGSE wanted the shareholders to “...approve an amendment to the Company’s Articles of Incorporation to increase the authorized number of shares of Class A common stock from 150,000,000 to 250,000,000” and the measure was narrowly voted down. They will try again at the next available opportunity.
When the increased A/S was voted down it places the company in a tight spot to raise capital. They will raise capital and it very well will come at the expense of shareholders. Now to get the needed share availability for dilution and capital raise it will come as a R/S to lower the float while retaining the 150,000,000 A/S and then diluting up to the A/S again.
It’s still a matter of dilution then BK.
I’ll adjust it
I’ll “adjust” the sticky
You seem overly confident when the A/S was the only item of the three which was cited down (FOR NOW). They will attempt the same raise going forward and if things go south with their ramp they could easily do a R/S before the next raise.
Not likely. One thing I’ve learned from RGSE and other companies in their situation is to NOT trust what they say and just trust the results, the ACTUAL results. They aren’t in yet.
Trash article by a pumper on this and other boards. Again as with previous article is using numbers which have little to no merit. Just read the companies own disclaimers.
“... approve an amendment to the Company’s Articles of Incorporation to increase the authorized number of shares of Class A common stock from 150,000,000 to 250,000,000...”
In one week they are!
Look at the sticky above...
I’m sorry but now that they guaranteed the increase in A/S from 150,000,000 to 250,000,000 how do you think the next round of dilution will impact the share price? This bump on the pump will be short lived.
What a boring day
I’m crazy enough.
Those are not buys. Those are stock options they (BOD) decided to GIVE each other.
“... Principal Accounting Officer while continuing to serve as the Companys Chief Financial Officer and Chief Administrative Officer...”
If there were a red flag now with RGSE;
THIS IS IT!!!
BEWARE!!!
Oh? Did they announce another R/S?!?
That article is a joke. Same bullish posts by members on ST. I actually can’t believe how much the bulls are putting stock in that stick promotion article. To bad it’s full of falsehoods and stretches the truth tremendously to say the least.
I noticed FB was a “go to” as well for the bulls. It’s as reliable as it source which can’t be relied upon. Give me company sources and then my skepticism is lessened at least.