Don’t try this at home. You might go bankrupt.
In what can only be described as a game of financial chicken, I bought both $SEDG and $TDW this morning. Both companies are complete garbage, especially TDW — who sports a bankrupt balance sheet of 12x debt/eq. Unless a new renaissance of deep water drilling befalls us, TDW is toast before the year is through. Hopefully, I’ll be out by then. But if not, oh well.
Moving on, I bought SEDG — mainly because I hate both Israeli based companies and I loathe solar. What better way to expel my demons than to buy an Israeli based solar stock? If anything, this experience I am about to undergo will be therapeutic.
Aside from China, no country on the face of the planet is more shady than Israel, when it comes to their publicly traded stocks of course.
Stocks are milquetoasting higher this morning, as it approaches Dow 20k. Sort of boring action. I expect more cowbell by the end of the day. If not, I’ll buy more stocks to make it interesting for myself.
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Next thing to buy will be the shippers.
Actually, I know a ‘value’ guy who loves SEDG down here. Says it can be a triple over a year or two
I was close to buying shipper, then I had flashbacks of bad memories.
Maybe your value guy is just a ZIONIST?
Politics|Trump Appears to Side With Assange Over Intelligence Agencies’ Conclusions
Why wouldn’t he?
Good point
I doubt it http://www.bloomberg.com/research/stocks/people/person.asp?personId=245523&privcapId=174336
RobertMarcin
every year i give my favorite tech stock. today i am selecting $sedg as my favorite tech stock for 2017. its down a lot and too cheap not to own unless the biz implodes. the co has revolutionary inverter technology that boosts performance and drastically reduces costs. i expect them to take enough market share to grow revs and eps in 2017.
if they do that, $sedg could appreciate some 50-100% in 2017. they also have a cash rich balance sheet with no debt. and they generate healthy free cash flow. the co in in heavy investment mode to introduce commercial and utility market products, and then year should start slow. but they can exit year at a $2 eps run rate. then we have a $3 handle on stock.
I swear, if we find out that Steve The Neighbor kidnapped Fly and posted as he in the second half of 2016, and Fly just recently escaped…
Mind – the fuck – blown.
MZOR scratches my Israeli itch. It will be purchased by Medtronic within a year.