Sorry Arindam you are like a child. I have to constantly remind you that this is an investment not a trade. I am not now calling this purchase an investment, if you go back to when I first made the purchase you would see that I have always called it an investment. It is not helpful if you are going to make up stories. I disagree with you on the fundamentals because you really are to short term a thinker and really do not understand the fundamentals. I would be very happy if Enphase dropped to $130 dollars, because then it would be dirt cheap and I could buy more. Any company growing Revenue at 40 percent with a P/S of 7 would be very good but it is at 9 right now and that is cheap also. Enphase also has as much cash as debt on it’s balance sheet, has a FCF margin of 30 percent, not many companies can do that, and is profitable. You claim that Ben Graham would laugh me out of the room? I really could care less about Ben Graham because in these days he is irrelevant. Nobody can get the deals Ben Graham was getting when he was investing, Even Warren Buffet does not invest like Ben Graham anymore.
You are ridiculous. I didn’t follow any crowd into Enph. I bought it because of it’s growth and FCF margin. I make my own decisions and was into before most people on these boards were even talking about it. Oh, and Arindam, I did trade FSLR and bought in at $178.78 and sold at $224.49 for a nice 26 percent return.
Arindam, you can not get me to change my mind on this investment and you can try to beat me up on it all you want but this is not going to go well for you. Because in a years time it is going to hang from your neck like an albatross when I tell you how much money I made on it just like Quill told you how much money he made on CELH and you became so angry about it. But that is the kind of company Enphase is also.
Andy