$3 is nothing... once the street sniffs the first profitable quarter, which IMO is Q1 2013, $5 is next...
A company with 10MT poly at lowest cost, 2GW HP wafers at lowest cost and soon 2GW modules at lowest cost, not to mention micro inverters and diamond wire, all of that with a valuation of $190 million is criminal. With the first profitable quarter, SOL should be valued at 2x-3x that IMO, and as profitability progresses and positive cash flow increases 4-5x that.
I really hope you are right (because I am fully loaded with SOL
), but other company like CSIQ also priced very cheap, and we know for sure CSIQ will soon be profitable in 2013.
If it can stand on top of $3 solid, I am happy.
It took only 6 monthes for SOL down to $2 from $10, so, who knows, I guess anything can happen. Maybe this time is in another direction?