TheBanker
, contributor
Comments (1225)| + Follow Following - Unfollow
The stock is rising because the company is growing its' customer base that will be generating income for the next 20 years. Shorts are usually short-sighted and look at the next quarter. If you only look at the next quarter, please do what the author states is the right thing to do and go ahead and short the stock. You'll probably lose money just like he has been for a while and why he's posting this FUD repeatedly.
The institutional investors bought 3x as much stock last Friday as they sold. The smart money is buying the stock. The insiders have sold a portion of their large holdings. Note: Elon Musk owns 25% of the company and hasn't sold any stock at all. Lydon Rives owns a tremendous amount of stock and sold very little. If you want to pay attention to insider sales, pay attention to the correct insiders.
Please do your research wisely as Prudent Research does not. He's short the stock and as you can see from the FUD article he posts nothing but the worst possible case for this company and leaves out the fact the company is growing 100% a year and just had its' strongest quarter ever for MW booked. MW booked is the future of SCTY. If the company was doing so poorly then why is it booking more new business than ever???
The truth is the company is putting as much money possible into growth to gain market share to remain the leader in the field. They are not focused on the next quarter, they are focused on the next 20 years and so should you.
As far as a secondary offering is concerned, the company has access to very cheap ABS financing, around 4%. There is no need to do a secondary offering when bonds are much cheaper and easy money for the long term.
Shorts dont care what you think or buy. They only care about how many shares are bought on margin which is sitting ducks to shorts! If you believe in SCTY and you borrowed money to buy shares you dont have money to pay for in full . you are roasted duck! Just look around yourself and see if many guys are doing same with same stock you own. If so, just quack away!! if your stock is heavily shorted, it ususally mean that it is traded heavily on margin!
The short interest was 27% a year ago when I bought the stock at $35. Your post is meaningless. Sorry. People short this stock cause it has risen a lot and they don't understand how the company works.
73.3% of the stock is owned by insiders. They don't use margin. Your post just hit a brick wall.
Why SolarCity Fell 7.26% And Why It May Keep Falling [View article] Shorts dont care what you think or buy. They only care about how many shares are bought on margin which is sitting ducks to shorts! If you believe in SCTY and you borrowed money to buy shares you dont have money to pay for in full . you are roasted duck! Just look around yourself and see if many guys are doing same with same stock you own. If so, just quack away!! if your stock is heavily shorted, it ususally mean that it is traded heavily on margin!
No comments:
Post a Comment