Polar Power Inc (POLA)

[southacresdave]

Lack of buyer support caught up to it today. It's pretty obvious when it went from $5.90 to $5.62 in one trade. Market makers and others can see it....give it a little push and down she went. It's disappointing though after having buying support for so long. Will shorts pile on or will they start to cover instead?

Perhaps an argument could be made that the Hurricane hitting N. Carolina will slow sales for 3Q or 4Q due to telecom's response to it short-term. Long-term I think it benefits POLA as it shows they need back up power all the way above NY on the East Coast going forward.