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Saturday, July 02, 2016 9:13:05 AM
I so respectfully disagree here. You look at SUNW like its the only solar company out there. Lets step back and take a look at the entire solar sector for a moment..
First Solar (FSLR) was over $70 earlier and is now around $48.
Solar City (SCTY) was at $60 and is now around $23.
Sunedison (SUNEQ) was over $30 and is now 0.14 .. big drop there.
Hell, even the TAN (the Guggenheim Solar ETF) was almost $40 and is now $21. Thats a drop of 50%.
I can give you more if you would like..
Those are some big names in the solar energy sector. According to your logic then they all must be friends of Jims? The PPS is down all over the place, not just here at SUNW. Are they all toxic? Does the Street not trust any on them? Is it dillution? Please explain to me why they are down (and down big) as well..
My point is the entire sector is down due to various reasons. Dont single out SUNW and try to fix blame when that is simply not the case.
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