RE: Reversal: WrapupThanks for the helpful observations. And the fine weekend posts. I have no intention to sell anytime in the near future…this story is too good and the production story is just beginning! A successful expansion and cash flow should boost customer confidence especially if as mentioned earlier DFE can maintain technological leadership. As soon as the marketplace becomes convinced DFE is an enduring operation that will be able to deliver on schedule, larger scale orders will be possible; The fact that we have someone with the standing of John MacDonald should also be a great confidence booster.
Indicator comment: Apparently, the recent surge in OBV was only a brief departure from the recent downtrend. Possibly it was in response to the wave of positive news that came out last week and once completed allowed the selling already in motion to continue.
Longer term however when this indicator has diverged from the stock price it has often led to a trend change. Example: OBV began to rise significantly even as AOS continued its recent strong decline. 2 ½ months later AOS reversed course and gained 100% from .55 to over 1.10. OK...
Enough indicators: for now! I must find more smog pictures to show the world how well our solar panels work.
Sunrisepv: good question about DFE APV collaboration. Although one would think that possibility should have already been considered, sounds like a good idea. I have already received a brief note from John MacDonald so I would be happy to write if I may have permission to quote from your post, since you know more about APV than I do. Or you can write and send it directly to him at: jmacdonald@day4energy.com
Everyone have a nice sunny day(4)
C