Real Goods Solar Inc fka RGSEQ

[sunny9]

Does anyone know with the news below RSOL shot up to 7 and then dropped to 2 why? Is this deal still on? insights will be appreciated, thanks.







Related Tickers: Real Goods Solar, Inc. (NASDAQ:RSOL), Lennar Corporation (NYSE:LEN)

A Solar Energy Secret Uncovered: Real Goods Solar (24/7 Wall St.) Last Friday shares of Real Goods Solar, Inc. (NASDAQ:RSOL) virtually doubled. Shares are up another 50% so far today and have been trading around $6 a share after posting a new 52-week high of $6.43 earlier. That’s still about 30% below the solar PV installer’s 2008 IPO price of $9.25, but after languishing below $2 a share for more than a year, no one’s complaining. Real Goods has signed a deal with homebuilder Lennar Corporation (NYSE:LEN) to install solar PV at some of the homebuilder’s new communities in California, with a potential to expand to other areas of the country. Both Real Goods and SolarCity operate exclusively in the U.S., so neither is taking advantage of the expanding solar market in Japan

Read more at http://www.insidermonkey.com/blog/real-goods-solar-inc-rsol-news-deal-with-lennar-corporation-len-pre-engineered-pv-systems-global-solar-market-more-145880/#67ocJQbRygG1FZG1.99