SunPower Corporation (SPWR)

[OldAIMGuy]

Hi T, Re: SPWR and price recovery............

I last purchased about 10% more shares and will let that bit of inventory go should we get much above $7. It will offer me a nice LIFO turn on the last purchase and will give me some trading cash should we revisit the lows.

I started the SPWR position in November of 2014, so this one's been a tough one to bring whole again. Trading around the original core has been the only way to get the average cost/share back to a reasonable level. At this point there's more than twice the original number of shares in the holding and it's still well under its average cost/share.

I last sold 10% of the position at $15.52 back in August, 2019 and that provided the cash for adding around 20% more shares to the account as the price/share swooned. I am looking forward to recovering some cash from the position.

OAG Tom