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.
Water's fine......Time to jump back in....
You'd make a good CEO....
Jim also raised guidance from 100 million to 110-115 million....Dont be surprised if we get another announcement in 3 months that he raises it again....
Revenues are meaningless if were not making money.......And were making money!!!
Seems like someone is fondling the ask....
36 million in revenue with 8 cents per share of earnings......I believe 2nd qt will on the upper end of consensuses...
interesting trading day.....traded between 3.16 to $3.20 all day and when it was obvious the support was there buyers came in an unloaded on the ask.........We could be close to $3.50 by Wednesday earnings report.......(COULD)
Also....These guys seem to sell before an event to make sure there's not even a hint of duplicity
IMO...This move can be trusted....There are no gap up's, were opening at the close, right above it or right below it on very heavy volume...Small incremental moves 10- 15 cents, and we've yet to see the real blow off to the upside......i believe this move is more then just based on earnings......Something's amiss.....
With the implementation of rapid Rack.....I'm looking for around 36 million. But anything above $30 m would be great,,,,,IMO we need to be in the 30's for psychological reasons......................................................My psychological well being
Our 2nd assault on $3 in 1 week....Will this one be successful?? And I'm not calling it after i put my foot in my mouth last week..
Never mind...Found it...
I opened link but cant find quote...Where are you seeing this? Thanks
.....We all know what the man is all about
Side note....Traded 2k shares at $3 AH
AH....Bid $3 Ask...$3.10
Prediction...She breaks and closes above $3 today....Easily
Momentum is so strong...One could suffer from a fat finger with a fill over $3.....And still make money a few weeks from now......If not sooner..
Very strong trading day......Bid gets taken out...seconds later same bid is replaced......
It makes no sense (to me) why shorts would be taking positions at this time when we know, the street knows the 2nd qt earnings are going to be great.....hence the run up accompanied by volume....IMO ..suicide..
Well...Looks like somebody likes the grammar
Sunworks’ Rapid Rack Division Chosen as Preferred Racking System For Boviet Solar USA
Sunworks to Provide Rapid Rack to Boviet USA for Projects in North Carolina Totaling 9.5 Megawatts
ROSEVILLE, CA (July 21, 2016) -- Sunworks, Inc. (NASDAQ: SUNW), a leading provider of solar power solutions, announced today that its proprietary solar racking division, Rapid Rack, has been chosen as the preferred racking solution for Boviet Solar USA. Boviet Solar USA is a global leader in advanced materials and ranks among the elite solar manufacturers using advanced PERC technology.
“The Rapid Rack mounting system is a perfect solution to complement our high efficiency solar modules,” said Eric Ma, President & Managing Director of Boviet Solar USA,. “When it comes to increasing the production of your solar system, it is important that you not only have the best panels, but you also have the best racking for those modules. Together, Rapid Rack and Boviet Solar USA achieve optimum results, speed and performance.”
Rapid Rack significantly reduces costs, increases life span of the installed panels in comparison to traditional mounting methods, and increases the customer’s return on investment. As its name suggests, Rapid Rack’s unique design allows for speedy installation and produces an aesthetically superior array. In addition, the time that Rapid Rack saves in the installation process translates to a lower installation cost to the customer.
“Rapid Rack and Boviet Solar USA have already collaborated on over 1.5 Megawatts in purchase orders, and we anticipate that this number will, at the very least, triple in the third quarter of 2016,” Lopez continued.
Extending the relationship between Sunworks and Boviet USA, Sunworks will provide Rapid Rack on two upcoming Boviet projects located in North Carolina. These projects will total approximately 9.5 Megawatts.
“At Sunworks, we are always committed to providing the best solution for our customers. It is outstanding to see three premium solar companies working together in order to provide the consumer the best solar solution on the planet,” said Jim Nelson, CEO of Sunworks.
About Sunworks, Inc.
Sunworks, (formerly known as Solar3D) a leading provider of solar power solutions, is focused on the design, installation and management of solar power systems for commercial, agricultural and residential customers. Sunworks is one of the fastest growing solar systems providers in the western United States, delivering 2.5 kilowatt to multi-megawatt commercial systems. The Company's mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies. The Company's focus is on putting the customer first, providing the best value systems in the industry, and delivering on what is promised.
To learn more about Sunworks, visit our website at http://sunworksusa.com/.
About Rapid Rack.
Rapid Rack a leading provider of solar mounting systems uses a versatile ground mount system that is scalable for large, medium, and small applications. The company’s focus is on its simple construction, minimal parts, innovative insertion rail technology, and on-site flexibility deliver rapid, cost-effective installations. The Rapid Rack mounting solution is suitable for various terrains and site conditions due to its flexible pile positioning and design adaptability. The company’s primary goal is to provide a superior product while increasing the customers return on investment through reduces installation time.
To learn more about Rapid Rack, visit our website at http://rapidrack.com/.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These risks include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products, and prospects for sales, failure to commercialize our technology, failure of technology to perform as expected, failure to earn profit or revenue, higher costs than expected, persistent operating losses, ownership dilution, inability to repay debt, failure of acquired businesses to perform as expected, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
- ### -
Press contact information:
Were in Accumulation...........Mode
Just received a call from a friend whom is a fellow shareholder...We both live a half hour northeast of Philly.....
She was watching MSNBC (why i have no idea)....And what comes on???? A commercial for Sunworks................
Seems Sunworks is coming to a town near us....
55k block on the bid @2.54
WOw Wow Wow.What a close...Traded 200+ shares last 15 minutes............Bodes well for tomorrow
Interesting analysis...AOG......At least pre-market this PR is getting much traction
SUNW footprint is becoming more and more evident, now on both coast's
Bid $2.55......Now 2.47......Now back down to 2.35.....lol....What's the deal.....No news....Traded at 2.75
Cheap shares below 2.40 harder to come by......Trading slowing down till it's time to buy the next price level
To add to your comment institutional accumulation continues....A small portion of what we've seen over the last few weeks has been retail....The majority has been institutional ...imo
That 10 shares that went off (buy) at 15:59:29 was me.......
They filled 10 shares of my order but got charged the full brokerage fee......LOL....
40+ million market cap....Only a matter of time before market catches up.
Side note...jim suggested at the Micro Conference more acquisitions this year and, or,...... STRATEGIC INITIATIVES......????!!!!
Agreed...It has been trading stronger. When the bid is taken out it is quickly reloaded, and it seems their is also hitting the ask.
Steady volume, tight bid/ask....IMO institutional involvement
Excellent @ Entertaining synopsis.....
Thank You
I'm mostly a lurker but appreciate and enjoy comments and facts posted from fellow longs. It's only a matter of time before the PPs catches up with fundamentals.........
Thank you...
Does anyone remember hearing anything about this racking system being purchased in the past? This is the 1st I've heard of it
Jim acquired 3 companies that are growing exponentially....If/ when we acquire are 4th it will be with the same due-diligence to insure it will achieve the same growth trajectory....
Relax...Jim knows what he's doing and how to do it
I can out wait the market....Trust me ...it's just a matter of time that this companies stock catches up to it's fundy's and catches fire
Because this is what they do......
They find the weakest link which they have identified as the cell. Then they pound, and pound that drum until the only thing the board is talking about is the cell....
They win!!!
Let's ignore their duplicity and concentrate on the $100 ++++++ for 2016, upcoming acquisitions, and continued 100% organic growth
Just read filing......Jim even referenced were already half way there with back orders to reach 2016 guidance.....We will blow past that 100m number.