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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