ABTrades1
Nov 12, 11:39 PM
Solar farms are built with borrowed money. When yields rise projects get delayed and panel orders get delayed with them. The stocks get sold the same day.
December hike odds went from 77% to 91% in a week. The 10 year yield was 4.86% on Nov 9 when
$TOYO closed at 5.42. It's up to 5.17% after today's close. The 2 year had its biggest one day jump since April 2025.
$TAN lost 3.7% today.
$FSLR lost 3.3% and
$ENPH 5.4%. TOYO lost 7.3% which is about twice the sector and how it usually moves on sector days.
The stock had a bad week, the company actually had a good one. The Commerce filing went on the record with the full supply chain documented and short interest came in lower for the third report in a row. Texas panels, a 7 cent a watt federal credit on every one,
$240M of signed contracts and cells cleared by Customs are all still there. I bought more on the dip.
Let's hope Monday is about the company.
