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Chanos: I'm Short Tesla And SolarCity
Wednesday, May 4, 2016 - 2:58pm | 224Read More...Legendary short-selling pro Jim Chanos detailed why he is short two of Elon Musk's crown jewels: Tesla Motors Inc (NASDAQ: TSLA) and SolarCity Corp (NASDAQ: SCTY). Speaking at the Ira Sohn Conference, Chanos argued that the recent departures of senior executives at Tesla represent a "red flag" for...
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SolarCity Announces Availability Of Solar Service In Western Pennsylvania
Monday, April 11, 2016 - 7:27am | 135Read More...SolarCity Corp (NASDAQ: SCTY) announced Monday morning its solar service is now available to customers in Western Pennsylvania. According to SolarCity's press release, potential customers will pay no upfront cost with a monthly bill as little as $30 per month, including design, installation...
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SolarCity May Layoff Workers In Buffalo, Report Claims
Friday, February 26, 2016 - 3:39pm | 193Read More...Shares of SolarCity Corp (NASDAQ: SCTY) dipped into negative territory Friday afternoon following reports that the company is looking to downsize its headcount at a production facility in Buffalo, New York. According to Time Warner Cable News Buffalo, a "source" at SolarCity's facility said that...
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Vetr Top Raters Love SolarCity, Upgrade To 5-Star Stock
Monday, February 22, 2016 - 1:15pm | 136Read More...Shares of SolarCity Corp (NASDAQ: SCTY) have lost more than 60 percent since the start of 2016 but the stock's poor performance likely convinced Vetr top raters to recognize value in the stock's deflated stock price. Vetr top raters upgraded SolarCity's stock rating to 5-stars out of a possible 6...
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SolarCity Crashes Over 20% On Poor Guidance Despite Earnings Beat
Tuesday, February 9, 2016 - 5:38pm | 433Read More...SolarCity Corp (NASDAQ: SCTY) shares are down nearly 24 percent in Tuesday's after-hours session following the company's fourth quarter earnings report. The solar company reported a Q4 loss of $2.37 per share, a better mark than Wall Street's consensus of a loss of $2.59 per share....
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2 Earnings Reports Elon Musk Is Watching Closely: Solar City And Tesla
Monday, February 8, 2016 - 7:31pm | 530Read More...Two Elon Musk companies are on tap to share their latest earnings this week. Strong top-line growth is predicted for both companies. But one of them is expected to post a deeper net loss for the quarter. Entrepreneur, innovator and magnate Elon Musk is the chairman of SolarCity Corp (NASDAQ: SCTY...
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SolarCity Introduces SunRaising Referral Program, Will Donate Cash To Nonprofits
Wednesday, January 20, 2016 - 11:02am | 223Read More...SolarCity Corp (NASDAQ: SCTY) announced on Wednesday a new initiative to help nonprofit organizations raise funds. SolarCity created a new referral program called SunRaising. Each time a supporter of a registered nonprofit organization signs up for SolarCity's products and services, the...
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Vetr Crowd Upgrades SolarCity To 3.5-Stars
Wednesday, December 23, 2015 - 3:22pm | 142Read More...Shares of SolarCity Corp (NASDAQ: SCTY) more than doubled in value since bottoming at $24.07 in early November. The Vetr crowd likely recognized the stock's ongoing momentum and upgraded their rating on the issue to 3.5-stars out of a possible 5-stars. Shares of SolarCity have risen to $51.32...
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Why Short Interest Surged In These 3 Solar Stocks
Tuesday, December 15, 2015 - 10:32am | 960Read More...Short interest in many leading solar stocks grew in the most recent period. Sunedison Inc (NYSE: SUNE), TerraForm Power Inc (NASDAQ: TERP) and Sunrun Inc (NASDAQ: RUN) saw sharp increases in short interest in late November. Short sellers lost interest in just a few solar stocks late in the month...
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Vetr Crowd Turns Slightly Less Bullish On SunPower
Wednesday, December 2, 2015 - 1:16pm | 317Read More...Shares of SunPower Corporation (NASDAQ: SPWR) gained more than 7 percent over the past five days. The Vetr crowd downgraded their crowd-sourced rating on SunPower to four stars out of a possible five. The crowd-sourced price target of $26.85 implies a nearly 7 percent upside. Shares of...
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Stifel Starts SolarCity At Buy, Sees 'Sizable Underpenetrated Market Opportunity'
Thursday, September 24, 2015 - 9:00am | 382Read More...Shares of SolarCity Corp (NASDAQ: SCTY) have been particular volatile year-to-date, trading as low as $34.65 and as high as $65.60. Sven Eenmaa of Stifel initiated coverage of SolarCity with a Buy rating and $64 price target. Eenmaa noted SolarCity's leading 34 percent market share in...
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Why SolarCity Might Be The Only Way To Play Solar Inflection
Monday, September 21, 2015 - 10:24am | 427Read More...Shares of SolarCity Corp (NASDAQ: SCTY) have lost nearly 25 percent year-to-date. Patrick Jobin of Credit Suisse has an Outperform rating on the stock with a $105 base-case valuation. Jobin also estimated a $180 per share "blue-sky scenario" valuation. SolarCity is the leader...
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Solar Merger Brings Out The Short Sellers
Sunday, August 30, 2015 - 9:44am | 901Read More...By and large, the number of shares short among the leading U.S. solar-related stocks increased between the July31 and August 14 settlement dates. The trend was most obvious in SolarCity Corp (NASDAQ: SCTY), Sunedison Inc (NYSE: SUNE) and Vivint Solar Inc (NYSE: VSLR), two of which announced a...
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Why Playing Solar Via ETFs Is 'Safer' Than Single Names
Thursday, June 18, 2015 - 4:51pm | 372Read More...G. Thomas Lackey was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Barber Lackey Financial Group Founding Partner and CIO G. Thomas Lackey said on #PreMarket Prep that solar ETFs, like the Guggenheim Solar ETF (NYSE: TAN), is a...
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A 'Significant Opportunity' For Tesla Rests In Energy Storage
Wednesday, April 22, 2015 - 8:25am | 393Read More...In a report published Wednesday, Deutsche Bank analyst Rod Lache commented on Tesla Motors Inc (NASDAQ: TSLA)'s April 30 new product announcement which will likely be a new battery storage system for the home and utility/commercial market and powered by the same batteries used in Model S cars...
