We all know Greenberg is a declared short on Solarcity - of course after a 20% pop he's got his 'short' article in the barrel locked & loaded. I'm not betting against Musk long term,this stock has a historical pattern of bulldozing on upwards after a move like that. Maybe re-trace a little first but 75-80 is in it's sights again. :-)
My take on this is that SCTY is getting ready for TSLA's Giga factory. Instead of buying from another company for module, they are going to be the one who will be pruducing it, so it will be cheaper and transport be faster. The giga factory as what Mr. Musk said needs to be powered by solar and wind. and like he said SCTY and TSLA will be working hand in hand. who know both companies might merge in the future. Just my thoughts.
Have a wonderful day guys. Lets not forget to thank the good Lord all the time :)
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