Solar City up from recent lows of $28 a share now trading over $38, traders eyeing future profits and concurring the short selling days are over at least untillaround 2018. 1 billion in profits a year for solar city would translate into$12.82 a share profit ,give it a 20 P/E and you would achieve a stock priceof $241.00 a share.
SCTY is looking to grow quickly to the 6 gigawatt install level.
SCTY may want to look to Japan for installs with 25 year f.i.t.s
Its too late for the tidal wave of solar to be crushed now, the elite lostthe battle and created a buying opp in solar
LDK solar has a 19.1% solar module that should begin production soon, SCTYshould look into LDK for future requirements in module supply.
It seems the possibillities are endless for Solar City and its muscle in the solarsector is about to flex so.....Looks like SCTY going to $75 by Christmas 2013 [more]