Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
this has to go back to at least 4.15 cause who's going to buy the new offering at if you can buy shares cheaper
no one is selling at that price, and if they do they deserve a slap
new Bloomberg article:
(Bloomberg) -- Solar3D Inc., a U.S. solar provider that just acquired cell-maker MD Energy LLC, plans to continue expanding by buying more companies.
Solar3D may seek additional capital for deals as soon as next year, depending on the size of its 2015 acquisitions, Chief Executive Officer Jim Nelson said Wednesday in an interview at Bloomberg News headquarters in New York. Potential targets include California- and Nevada-based solar-integration companies with between $10 million and $30 million in annual sales.
“We can grow forever in those two markets, and when we build critical mass, then look elsewhere,” Nelson said. “What we want is a team that will come on board and continue to run their company as a division for us.”
Solar3D is raising about $12.5 million, selling 3 million shares at $4.15, the Santa Barbara, California-based company said in a statement Wednesday. Each share comes with a warrant to purchase another share at the same price.
Cowen & Co. arranged the offering. The company trades on the Nasdaq under the symbol SLTD.
Solar3D fell 44 percent to $3.17 at 1:49 p.m. in New York.
“Virtually all of the funds that we got in the offering are going to be used for additional acquisitions,” Nelson said.
Solar3D had about $20 million in sales last year and is expected to generate between $40 million and $45 million in 2015 as the company remains cash-flow positive, Nelson said. U.S. solar demand this year may exceed 8.5 gigawatts, according to data compiled by Bloomberg New Energy Finance.
“Being on Nasdaq gives you cache and credibility, and the quality companies will see that and be interested in coming aboard,” Nelson said.
To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net
To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Jim Efstathiou Jr., Will Wade
$sltd page on stocktwits is now live
delisting occurs after you fall below $1 for a preset amount of time so lets hope it doesn't come to that
anyone else taste a little vomit on the back of their throats
looks like there will be pre-market trading after all first buy @ 5.50 111 shares
bid is at $5.50 so no worries
sent my shot across the bough to all other solar chatrooms on stocktwits letting em know we're coming to nasdaq today
and at least we now know who cant sleep ( like me ) tried to but woke up after 45 minutes to check for updates lol
I have seen other companies announce the approval of the uplist why didn't we seems like a missed opportunity for some bullish action on the stock but oh well no sense crying over spilt milk lets enjoy the uplist and the new 8:15am announcement time
why don't we have a PR release with the headline "uplisting to nasdaq today" or something to that effect? the nasdaq announcement was buried in a proposal for public offering. shouldn't the headline be the uplisting?
SLTD officially listed as nasdaq stock when you click on it on e*trade! man that looks nice!
SLTDD officially changed back to SLTD on etrade
i don't think those numbers are too far off
the public offering is the S3 we have know about this forever and a day they didn't say they will be offering tomorrow just that they will be in the future my guess is they are waiting for a nice spike in the share price so the amount of shares required to raise the 50 million dollars is minimized
"agreed and I believe that the MD news will come out the same day we uplist which IMO will be next Wednesday"
called it last Friday!! good times ahead!!
see ya on stocktwits!!
the problem today was the timing of the share release I mean 3pm could you pick a worse time to release shares there was no time to recover it was making a rebound when we ran out of time
I hope all these sellers get raped my uncle sam next tax season
if you know this stock will uplist and the price would jump at that time why would you sell and pay 40% taxes instead of holding
SMH
just added another 1k shares, thanks for the dip
holy solar rays batman , good find!!
BCLI is first I found after a quick search did reverse split sept. 16th had same 20 day temp ticker and uplisted sept. 24th
if you roll a chart back with post R/S numbers you will see that we have been above $4 since the last week of September way over the 100 day requirement
agreed and I believe that the MD news will come out the same day we uplist which IMO will be next wednesday
actually float is 8.4 million even smaller , 14.7 million are the total shares outstanding
The float is the number of shares actually available for trading. Float is calculated by subtracting closely held shares -- owned by insiders, employees, the company's Employee Stock Ownership Plan or other major long-term shareholders -- from the total shares outstanding.
nice recovery today we might even go green
if you look at the 30 minute chart for today it is a thing of beauty
with the 50 million dollar offering they could buy 10 MD Energy's
at 8 dollars a share the 50 million dollar offering will only add 6,250,000 shares
edit: Now the question that needs to be asked what are they going to do with the 50 million dollars :)
can you say forward split after uplist to gain liquidity
I can :)
bid 6.42 ask 6.45, finally looks like it is balancing out
when we uplist and volume is in the millions instead of thousand's that is when you will see this baby take off with a float of only 8 million shares
etrade rep gave me name and number of company doing the switch we are all at their mercy so give them a call
COMPUTER SHARE : 18009624284
when? did the give a timetable
i'm thinking this confusion is why they didn't put out any news last night
let it settle today then throw out MD deal finalized tonight and let it run tomorrow
last trade 6.50 = .25
same here bought 2 shares just to see if it went through and it did but still shows no volume and now I have sltd and sltdd on my stock list hope it straightens out by this aternoon
any volume? etrade is not showing anything
if we now have 14.7 milion outstanding shares what's the float
I think its a measly 9 million shares and how much of that is us longs holding
any big news and we are taking off big time because there will be very few shares available
2nd leg up today should start after 1:30p
Tennessee is closed today due to weather (snow storm) check their facebook page