Jul. 14 at 12:41 AM
$ENPH I’m long here and this is a good company with quality products but that spike to
$70 on the SST news was too far, too fast. You don’t double your MC on news of a new product that won’t be commercially available until a year or more from now. I mean they are still designing it, right? There isn’t even a working prototype yet if I recall correctly. I just want to see the fundamentals pointing in the right direction. Slow and steady. One thing that Enphase is great at is protecting their high margins. If they can show improvements to revenue, earnings, and the balance sheet, this can reclaim the high ground. Maybe not all time highs, but gradually breaching
$100 over the next year or two would be terrific progress. Anyone want to predict how this upcoming ER plays out?
