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While most of its solar peers sell off, SolarCity (SCTY +11.1%) has soared to new post-IPO highs...

  • Monday, January 7, 1:29 PM ET
    While most of its solar peers sell off, SolarCity (SCTY +11.1%) has soared to new post-IPO highs after five IPO underwriters launched coverage with bullish ratings. As a solar panel installer/electricity seller, SolarCity's business model is very different from those of module/wafer/polysilicon sellers struggling with major overcapacity, demand, and pricing problems. (2013 guidance)
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  • 1) Underwrite IPO
    2) Initiate coverage with BUY
    3) ...
    4) Profit.
    7 Jan, 03:48 PM Reply Like
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