SolarCity rallies following favorable conference mention


Axel Capital's Anna Nikolayvesky has made a bull case for SolarCity (SCTY +4.2%) at the Robin Hood Investors Conference, and set an $80 target (a 68% premium from current levels).

SolarCity is rebounding after getting hit recently by Congressional inquiry worries and a general selloff in solar names.

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Comments (4)
  • buyandhold???
    , contributor
    Comments (907) | Send Message
     
    this stock will hit $100 next year......this is a stock where 1000 shares today will make your grandkids millionaires
    21 Nov 2013, 04:08 PM Reply Like
  • joenjensen
    , contributor
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    I like that, this and Tesla Motors (tsla)
    21 Nov 2013, 07:25 PM Reply Like
  • LongSIRI
    , contributor
    Comments (33) | Send Message
     
    Uh huh.. irrational bulls. Let's see how the inquiry goes first; it could change things fundamentally for SCTY. On the other hand, SPWR is a much better bet.
    22 Nov 2013, 11:31 AM Reply Like
  • CDM Capital
    , contributor
    Comments (457) | Send Message
     
    All smoke and mirrors based on our research. Almost half the retained value of the solar systems is attributable to SolarCity's 100% renewal assumption in 20 years.

     

    Therefore, the whole question of value is obscure based upon all these faulty assumptions. In fact the IRS has actually made SolarCity use less aggressive assumptions with regards to its calculation methodologies of fair value. Borderline tax fraud in our view...

     

    http://seekingalpha.co...
    22 Nov 2013, 03:30 PM Reply Like
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