Replies to post #62264 on SunWorks Inc (SUNWQ)

[jwalking]

Revenues, profits and rankings all declining for 2 years straight!! They’ve stated their residential division is now all subcontractors and 1099’s.

IMO sell the recent hype and buy back in after Q1 results released.

[CashMoneyCarl]

Sorry for your departure..

Yes, my patience did run out and frustration set in. I sold out, partly because of all that and also because I wanted to switch brokers and start fresh.

My funds moved and are settled in with TDAmeritrade now (I love the thinkorswim platform!) but the real news I guess is I placed a buy order for SUNW yesterday that partially filled so I am back in.

I think these low $1.00 levels are the bottom for this stock. It has to maintain the price of $1.00 just to stay on the NASDAQ if nothing else. So I watched and placed an order for $1.14, which was the low of the day. I didn't get all that I wanted but I think I am happy with what I have. Its about 1/6th of what I used to have and if it doesn't move it wont hurt near as bad as my last try.

I still believe in the solar sector. Especially with California's recent news. Long term, solar will be a good investment. I just hope SUNW comes through for me this time.