This is Horrifying to Watch.
I bought in a couple of weeks ago @ 3.40, because it's never stayed under 4 for longer than a few weeks, before going back up to the $5 area. And I didn't sell when it went to 4.50 the day after they put out their 10-K, because the volume really wasn't there, and I thought it would go higher.
Now here we are 2 weeks later, the market's gone parabolic, virtually every single solar stock has gone completely vertical... and yet this thing is just drifting down on the lowest volume I've ever seen. It's crazy, is what it is.
If I were to put in a market order to sell my 15K shares, I would probably crash the thing back down to 3.40 on my own, is how light the volume is. So I'm stuck. Can't even sell.
I guess my question is - is their technology obsolete or something? Their photovoltaic technology? Because, other than their absurd gross margin (94%?!!) the company's doing really well - their revenue is up year after year, they have no debt, they continue to get Government contracts, etc. etc.
So does anyone have any thoughts on why the stock just keeps going down day after day?
