Post by
BCdude on Mar 04, 2021 1:17pm
This is Just Noise
Nothing has changed about UGE's future prospects. Investors run in herds, like lemmings, and most of my smallcaps are significantly down the last couple of weeks.
Rising interest rates may cause short-term weakness as the stock searches for a new equilibrium in the short term. Rates are still at multi-year lows, however, and even if they rise a couple of percentrage points over the next 2-3 years, UGE is still in a good situation. They can access project debt at favourable rates because their capital partners get some nice tax credits due to the ESG nature of their solar projects. They'll adjust just fine in a higher rate environment.
As news flow picks up again, and Nick addresses the rising interest rate environment specific to UGE, I expect this sell-off will be short lived.
Comment by
alleyesonme on Mar 04, 2021 1:36pm
Nice condor I'm a little jealous.. Agree bc dude. This is just getting silly now hopefully Nick throws us a bone to end the madness.