Tuesday, July 12, 2016 6:37:56 PM
If you want answers as to why SUNW isn't going anywhere well here it is:
Sunworks is practically dead money. I personally have a substantially smaller position in this company than before. Truth is, no matter when you sell, don't worry, you'll buy in cheaper.
Everyone is waiting for q2 results. Everyone.
Net profits, P/E and all that fun stuff are meaningless. FSLR has a PE of under 7, and so what...
Im not worried as much about the dilution as I am about the speed of expansion. No Las Vegas office? Seems like management doesn't feel like they're ready to take a leap and do some real expanding. Kinda get the feeling as if the next office will be 50 miles away from the last one opened.
Nelson is proving to be a boring predictable CEO.
Good luck.
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