Sunergy, Inc. (fka SNEY)

[mikeymgd]

There is no question your point is correct but you need to look at it another way as well. If you are invested here for say 3 years and get a 40% return on investment, than you are not really doing all that good. When considering compounding of interesting it would be similar to around 10% average per year. Anyone who bought last year messed up since they could have gained a return and still bought SNEY in the next few months for about the same amount or less. Of course there is the big bonus of long term gains tax.

With the stock market doing well, I think most mutual funds have a solid chance of exceeding SNEY returns over 2-3 years. The stock has become quit the disappointment.


In the end the filings are not that important and operational updates is all that mattered in the first place. If they would have disclosed what is going on I firmly believe the stock would have held closer to the 1 cent level and meant millions less in dilution. Work on the filings while acting like a real company is always best. Parent's unethical actions have cost the company and shareholders value. This team has a history of corporate failures and SNEY is rapidly turning in to the latest failure for them.

As I said before, the stock has become quit the disappointment. Lets hope this turns around in the coming months.