Feb. 20 at 4:50 PM
$SUUN the price action around a dollar with the amount of volume was telling. Trying to keep it afloat, today the volume is healthy again and we’re well below a dollar. I thought the move from 1.55 to 1.05 was crazy especially on low volume, the move from 1.05 to now is retail losing hope. I’m banking on a bottom around .75-.80cent. Just in time for another PR and hopefully some details of the Jordan 1-2 projects, IPP retention, I’m not too concerned on the space based sector for them unless it turns into real contracts. I’m still bullish. Company just got 7.5m funding from the shelf, healthy LOC, books look alright, again I want to see what the IPP path looks like in their eyes, but overall I’m still bullish.