Posted On: 01/17/2016 8:31:12 AM
Post# of 22851
Re: Rhythm Guitar #7779
Last time $SUNE was shorted to these levels it soon popped to $6.00 plus. I like the open gap on the daily and the huge short position of 45% of the float. I like the fact the company is growing and landing tons of solar contracts too. Credit Suisse has a $17 PPS target on the stock. Merrill Lynch / Bank of America has a $10 PPS target. It definitely has all the ingredients to bring nice profit thus I loaded extra heavy on this dip. Only a matter of time before shorts cover and buying demand overwhelms supply/shorting IMO.
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My Favorite plays are on the Nasdaq DIP and RIP Board http://investorshangout.com/NASDAQ-DIP-and-RIP-87909/
My Favorite Paid chat room with amazing chart setups is The Trading Stock Lounge http://www.thetradingstocklounge.com/
My Favorite Paid chat room with amazing chart setups is The Trading Stock Lounge http://www.thetradingstocklounge.com/
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