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$43.01 0.35 (0.82%)
10/10/2008 4:00 PM

SunPower Corp (SPWRA)

CAPS Rating:
**

The Company designs, develops, manufactures, markets and sells solar electric power products, systems and services based on its proprietary processes and technologies.

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Recs

15

Avatar StKitt (99.35) Submitted: 7/23/07 1:26 PM : Underperform Start Price: $66.92 SPWRA Score: -7.19

This gem is one heck of a pump job. From where exactly does the sun shine?

- Trailing P/E of over 193 (per Yahoo Finance)

- Severely negative cash flows (even after 239% revenue growth yoy)

- ROA less than a good savings account would pay (i.e. no risk at all)

- Insiders have dumped almost 9,000,000 shares in the last six months (vs. zero insider purchases)

Solar may be the "wave of the future" but not with this company. The insiders are probably buying XOM with their gains.

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Avatar SidBord (< 20) Submitted: 8/03/07 2:28 PM

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You got that right! Get out while you can, gang!

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Avatar dwot (100.00) Submitted: 8/21/07 11:32 AM

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Sure solar power is a great idea, but when too many people try to get it a boat it sinks...

I hope people in this one can swim...

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Avatar StKitt (99.35) Submitted: 8/21/07 3:02 PM

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Insiders have sold another 92,000 shares since my original thumbs down pitch (less than a month ago).

If they don't have faith in their company, why should we?

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Avatar zalgon (79.61) Submitted: 3/31/08 9:34 PM

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I don't think it's a case of not having faith in the company; it's more a case of knowing when a stock is over-valued. I'm sure they'll get back in the boat once everyone else bails out. So to speak.

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