Replies to post #61034 on SunWorks Inc (SUNWQ)

[SandridgeEnergy]

One monster quarter (very soon) and the warrants will explode
to the upside..

How many times have people said this? Pretty much every quarter outside the most recent few since 2015 was supposed to be the monster quarter that turned everything around. Instead it's just been a disaster.

The warrant price will continue to be volatile because of how illiquid they are. One guy with a few thousand dollars and bad trading skills could send these up 100% in a day. Not that you could take much advantage of that because there is basically no market for them outside of a couple of unsophisticated retail investors trading between themselves.

Whenever they had a good quarter insiders dumped a ton of shares which prevent common holders from seeing any benefits. If they had a bad quarter, insiders would just dump right before common holders found out how bad it was going to be. You can see this happening right in the filings with the most recent p-note conversion occurring days before the company announced that they would badly fail to meet guidance.

To make these warrants not expire worthless the company would need to grow to around 100M market cap. Good luck!

BTW all Sunworks is doing is just ripping off Coldwell solar by directly copying their business model and poaching their employees. Their logo even looks basically the same. But I doubt it will work. I wouldn't be surprised if Sunworks decision to suddenly start saying they were founded in 1983 was just so they could beat Coldwells date of 1986.