Another analysis based on 10:24 am tweet & stock p
Post# of 12604
https://twitter.com/SunPacificPower/status/15...6962048006
What you need to know about this morning's cryptic tweet is this:
Quote:
14C not happening anytime soon or even a possibility at this time as we leave our options open. We will wait before we cancel it or let it expire , as we proceed to complete our funding for our solar project to build a 1GW production plant
Companies should be very careful what they tweet. Based on the bold red text, the tweet, technically, says the 14C is not happening.
That information in the company's tweet, made available to the public, on twitter, should have been preceded by an 8-K.
Quote:
We will wait before we cancel it or let it expire
Can someone explain how that means anything else other than what the company is stating...they will cancel or let it expire? This type of news made publicly available should require an official 8-K filing beforehand.
But you won't see a filing because this is the easiest way to not having to live up to cryptic meaningless tweet.
It never ends folks. Keep'em honest. Eyeballs...
imho
cheers