From: ph57 | 10/22/2020 10:28:14 PM | | | | ENPH, SEDG, and CSIQ all lost ground on 10/21.
Only hypothetical explanations I found were:
- "big boys" are driving the prices down ahead of earnings, so they can buy low, then capitalize on the positive response to positive earnings
- polls between Biden and Trump show Trump inching closer - Biden good for clean/green energy, Trump bad
The free fall looked like it was going to continue today, on 10/22, but the market recovered, and so did the solar energy stocks.
These are the stocks I own, but if I recall, the other stocks in this category behaved similarly.
Does anybody have any insights into these price movements? |
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From: Sultan | 11/8/2020 12:29:24 AM | | | | Enphase Sees Megawatt-Scale Uptake of Encharge Batteries in North American Debut
Microinverter maker boosts targets for integrated battery system, promises ‘grid-independent’ systems next year.
greentechmedia.com |
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To: Sultan who wrote (238) | 12/9/2020 10:43:47 AM | From: The Ox | | | I would have been impressed if this estimate/target had come out when the stock was half the current price. To say a company is worth 10% more than the current trading price, is, well, unnecessary. Follow vs lead... |
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To: The Ox who wrote (239) | 12/9/2020 10:52:16 AM | From: Sultan | | | Agreed.. ENPH is moving into next generation products in 1st Qtr. of 2021.. Looking forward to February and next year's update. |
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From: Sultan | 12/11/2020 11:49:13 AM | | | | Analyst Actions: Piper Sandler Starts Enphase Energy at Overweight With $150 Price Target |
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