Enphase Energy Inc (ENPH)

[Tommy John Surgery]

Few things: first, you wouldn't make a placement have the news hit and then accumulate on the open market unless you wanted to pay far more than needed. Second, I'm sure the ENPH corporate structure has a poison pill clause to prevent an aggressive buy which they weren't interested in occurring. Lastly, I don't think Paul Nahi has any interest in selling the core company, its intellectual property or taking a backseat to SEDG. I have confidence in their ability to grow beyond the current fiscal tough times and with the right choices in strategic partners in the smart Grid I believe they can become the 21st centuries GE. High hopes I know, but they have one of the best in-roads to that end. Once people recognize this fact it will be a crazy ride North. Well beyond anything people have experienced these past several days.