Reentered $ARRY today. WAYYYYY oversold. Does next earnings will be mid, but future with recent collaboration will be excellent. When solar catches a bid, I could see it 2xing from here.
$OPEN
It's not a bad stock, and also not a bad company.
The company currently has to process two major issues:
- First, the massive transition to a new CEO with different priorities and goals, plus countless regulations
- Second and the more entertaining part, it has to digest the extreme market manipulation that took the stock from $0.50 to $10, as clearly visible in the chart.
You can’t buy the top after a move like that and expect the same move again.
Those moves were so extreme that the price clearly needs a corresponding correction.
We have two adults each being touched without consent. The difference is, one is bigger, faster, and stronger, and in the court of public opinion therefore that party is more guilty than the weaker.