"at least Musk is able to convince institutions to invest in his money losing schemes and doesn't have to rely on people who subscribe to penny stock promotion websites" How is Musk, convincing people to invest using any means available, PR, dreams of a solar utopia, batteries that hold 20X, produced in NV, any different that the dreams Nelson touted via Money TV? They have deeper pockets- that's all. His house of cards can collapse at any time, and guess what, it will, but how far will it go? To Zero? Doubt it- Again, sine waves.
Apple... Sine waves again... Products you call great, I'd call garbage. Sure they are able to sell them like crazy using the best marketing teams in the world to do it- but they also had an excellent strategy to give schools their products for decades making them all but a given for people to use daily and become used to. Sine waves- that mountain of cash- it won't be there forever when the gargantuan costs to run such an empire starts to crumble...they will hurt investors more than most, because so many feel it's "safe". Nothing in the market is ever safe. "safer"? relative... as soon as tide ebbs on that company, people are going to lose it all.
Remember Enron? It'll happen again. Even GM went Bankrupt... GE is probably next up to bat. All the companies do it- they get so overly bloated and then mismanaged and before you know it- the whole thing is doomed.
Sunworks was the opposite. They came into the market overvalued and under delivering- and slowly turned the tide. They ramped up revenue, from zero... They staffed up...from two. They bought a bunch of companies on the hype they created in the market based on what again? Oh yeah, hopes and dreams of penny stock investors. And some of them, the hopes and dreams panned out. Proof? It's sitting in my driveway. hahahaha As for the rest of the world... I'm not here for them- I'm here for me- and this is just another company doing what companies do.
They build empires on the backs of investors. They aren't building empires FOR investors, they are building it for themselves, and if you trade them right you win.
Quit berating this company. There's no point in it. People are pissed because they thought they'd get rich. Then they go pissed because they thought they'd make their money back. And they may still- if they hold. Nobody knows what's next here. Will they pop out of the woods with some mystery reason why the stock will pop? RGSE which I unfortunately agree that this is looking more and more like them... they came up with the DOW deal which was so clearly all smoke and mirrors, but sure it was enough to send the stock soaring. Could SUNW come up with to something like that? You bet.
There isn't a company out there that "has zero chance of BK", that's crap. But the chances of it here are so low in the near term it's ridiculous. They could RS to the moon and then raise capital all over town. They aren't in dire need of cash- and short of "the high end of tariffs" being enacted- they have TONS of time left to pursue all these options.
The fact you keep going back to "scam" is just amazing tho. I mean really. Really?!?!? I don't care how scummy you think it was back in the cell days... it just doesn't make it so. People can and do - take ideas, modify them, patent them and then make million dollar companies out of them all the time. And now the patent is available in Singapore if I'm to believe one poster... Who knows, maybe the cell comes back and the stock takes off yet again. There's nothing stopping it. Not even people calling it a scam. The fact that this company came from those origins and then turned itself into a installation machine with all the trimmings...regardless of how it did it, rolling up companies, or overpaying for them so the owners can take lavish bonuses to cash out... they still did it. Now they are installing on recognizable names... big names...Amazon, Whole Foods, Aldi... and they won't stop. Even though the stock is down- they won't stop.
Even if they have to reverse split and raise capital, they won't stop. The only thing that's going to happen, is the sine wave will continue. The company will have bad news, and the stock will drop, then the company will have good news, and the stock will recover. Will it ever be a buy and hold? Maybe... I think they are almost there. At least at a major inflection point... With this dip, the valuation is below 20mil. RGSE has nothing- barely any revenue, and are losing WAY more money making those dollars. This company at least is swinging back and forth with profitability. RGSE- nope. So when people start realizing this- boom- it pops again.
It was never obvious here. And it still isn't. And just when you think it's "crystal clear"... you're going to be the most wrong you ever have been.
GL
Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. Anything I write may be truth or fiction and should not be considered facts. I am NOT or NEVER have I been compensated to post on here o
