is...Semi retired
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Please tell me how does this article help SUNW bottom line. We all know solar is expanding across the world and governments are pushing coal fire utilities out of existence, but Sunworks is only in a small part of the western United States. Big companies and wineries will only install solar here if there is an incentive to. Sunw is now down to 8.3 cents pre reverse split. The only people that will make money on Sunw are the board and the stock traders.
I hope JN realizes like we do that not everyone at MD Energy is Prime Time ready. Yes the ball was dropped today. They were not prepared. They sent an amateur in to do a professional presentation. So hopefully They will learn from their mistakes. Better now than with an even bigger contract down the road.
jmho
Nope!!! just bought another block and looking to buy more near $1
Just bought another block of warrants. Will buy more around $1
That wasn't 4000 warrants was it. I may pick up more if I can buy a block of warrants under $2.
I am glad to see Abe expanding into new territories without over paying for existing companies.
Hopefully MD Energy or SunWorks can move into Southern Nevada by next year.
I would like to congratulate RGSE people also there stock is now only down 70% since 02/23/15 and well over 90% for one year.
Are we sure JN isn't secretly running that company also. LOL
JN stated back when the NASDAQ uplist was initiated that the money from the uplist was going to be used for new acquisitions. That statement was not just made just 2 days ago. Time to wake up Rip.
Then where are the acquisitions? As aggressive as JN was in uplisting to NASDAQ, you would think he had deals already in the works after he got the cash.
I was not predicting a $1 for SLTD. I was stating that when SLTD was a penny stock it had a better chance of moving from 17 cents to a $1 than it does moving from $4 to $10 on the NASDAQ.
Also lets remember pre reverse split $1 in pennyland = $26 a share on the NASDAQ after the uplist.
Yesterday SLTD closed at 14.3 cents pre R/S.
The only people that will make any real money with SLTD will be the board members getting there milestone stock share payments and selling them off when they can. All this while not increasing real profits.
If JN's plan to increase shareholder value by buying profitable companies at a premium was so great wouldn't every mom and pop solar company be knocking down the door trying to be one of SLTD's subsidiaries. We should be hearing about new companies being bought every few weeks. If that were the case.
No acquisitions until Q4. Besides no one wants to sell there company in the heart of the solar install season, unless they are losing money.
On a different note, I feel SLTD could be near $2.60 a share before Q2 earnings. Then I am hoping for a double after earnings release.
JN could wait the whole 45 days to release Q2 this year.
In the OTC SLTD was one of the stocks to own because they were making an effort to show a profit. On the NASDAQ they are just another wanna bee stock in a sea of wanna bee's.
Lets face it by 2020 if SLTD is $15 a share consider yourself lucky. SLTD had a better chance of hitting $1 on the OTC than hitting $10 in the next year or so.
The only real bright spot is new revenue coming from Reno area. They did not need to buy a company for twice what it was worth. SunWorks actually started something from nothing and found a new revenue stream.
Another banner day for SLTD. I just can't stand all of this prosperity. I just want to know what are the excuses this week? Or are the regulars going to stick with the same playbook.
Do not expect any acquisitions until November. JMHO
13.2 mil
Everyone is waiting for last minute JIM. It would be fitting for JN not to have Q1 released until 11:59 pm Friday night.
Hey sprech I wonder who was really behind the SA article.
Only place I can find the article (is-on-I-HUB-and-CNBC). It does not appear on Schwab, Scottrade, TDAmeritrade, Yahoo financial section or FOX business news. It has appeared on CNBC web site but thats probably because SLTD made Jim Cramer look bad.
This was clearly a hit piece made to drive SLTD lower so someone can pick up shares at a very low price. SLTD could see the low $3's again before eanings. But if SLTD post very good Q1 numbers like alot of us believe. The stock will go up with a vengeance. SLTD will also prove its self by revenue increases from the same quarter from the previous year. Not quarter to quarter.
This news should take SLTD up a $1.00 or more today and start a strong rally into earnings.
Yes, that is just residential sales alone. I wonder what commercial sales were. Looking at a strong Q1 and the report may come out early.
Today, a day to watch paint dry or-grass-grow take your pick. Don't know why, I think SLTD ends higher than yesterday.
Don't like price action today. Too many off penny trades early. No volume
Don't know there was that 16,000 share sell at the open @ $4.21 . There could be block trades waiting out of view.
MM's are playing a game this morning.
Now that is a BOLD CALL. I only think it will be $5 mil. Now if you are correct take the Q1 and the trailing 3 quarters add them together and multiply by 5. That should be near the peak market cap the next time SLTD spikes in price before falling back. " bold call".
All this SLTD research you do and you-can't put a revenue number out there for Q1. I already did in a previous post. Just stick to your standard script, then you can't stick your neck out there.
No, picking up Sunworks was a great thing. But we are not going to see a 10x increase in the price again in the stock every time like some people like to keep pointing out. The increases will be smaller with every new acquisition. SLTD does have a great future for a period of time. How long will that last, I don't know. I also have made a good share of money with SLTD and will continue to do so. I just want to put some balance in the discussion. "What is not being discussed is a potential revenue surprise in Q1.
I see, so you would rather have a business model that buys everything at a premium letting JN meet his milestones. Or would you rather have a business model like lets say Starbucks that opens new stores and competes from the ground up and builds profit and revs organically.
The solar industry will be wide open for years. Just like the gourmet coffee industry was when Starbucks started.
When Sunworks was bought SLTD had nowhere to go but up. They were in pennyland at .017cents a share when the 1st announcement was made. OH and with the purchase of Sunworks JN was able to meet his $10 mil. company valuation for SLTD milestone to get his $6 mil. shares. I believe he made out just fine.
I am glad the deal worked out for everyone. That does not mean they all will.
I see, JN does not have the confidence in Sunworks to move into an area and start from the ground up.
I thought Sunworks was already in the Reno area. Why would SLTD buy a company in a market they are already in.
SLTD was down $1.62 yesterday from $5.72 high 3 days ago. Just a bounce before heading to lower levels. The bulls showed up to stage a short term rally. Not much volume in the rally.
See y'all at $4.30 eod
If I am wrong I'll buy you dinner. If you're wrong you can fly me to Europe and buy me dinner. "DEAL"
Thats what I keep telling sprech. He seems to think the next deal will be all cash. On another note. What are your thoughts on an earning surprise in Q1. Is there a chance Sunworks could do $5 mil in rev in Q1.
With the next acquisition if JN uses stock to seal the deal. SLTD will go down to whatever value JN places on the stock in the deal. MD Energy got 1 million shares @ $2.60 a share and SLTD did not stop falling until it traded below that level. Also what makes you think JN will not use discounted stock to sweeten the next deal.
Buffet owns NV energy the company that powers Nevada. He took it private. We just got a 14% rate hike while energy costs are going down. He does not want to allow solar owners to sell back excess energy to his company. Thats your role model. SLTD GOOD LUCK TO ALL
Sure SLTD will go back up again, but it will go back down just like the other times. SLTD is a great trading stock. You can read it like a book. The only way SLTD will sustain gains is if the share holders get what they were promised. "THE CELL"
SLTD slow grind lower maybe to $4.00, If no acquisition news tonight, Tomorrow lower still.
I'll wake you up under $4.00 so you can load up some more. Did you see where SLTD now has 200mil shares available to sell in the future. Thats 5.2bil shares when they were a penny stock. A 5x increase.
Thats up or down right.
OOPS, another round of selling just hit.
Its not over-til the fat wallet-BUYS