SEDG

Is SEDG just being beaten down just because of the “Oil is cheap” and the (possibly- I believe an extension or a slight downgrade version will be implemented) expiring tax credits?

-Bob
Long SEDG

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Is SEDG just being beaten down just because of the “Oil is cheap” and the (possibly- I believe an extension or a slight downgrade version will be implemented) expiring tax credits?

Hi Bob, there’s nothing wrong.It’s just that the lock-up period after the IPO (during which insiders can’t sell) ends tomorrow, and some gamblers are going very short-term short, guessing that insiders will be tempted to sell some shares when they can. That may or may not happen. In any case, a month from now this will be a blip that’s long gone, and the stock price will depend on how the company is doing, not on a short term nonsense.

Saul

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