NigelM
Recovering Member
It's ok to bash a stock here and have it posted but the moment you come to defend the stock your posts end up in the trash.
Insulting posts end up in the trash.
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It's ok to bash a stock here and have it posted but the moment you come to defend the stock your posts end up in the trash.
Considering Elon is a lot smarter than all of us, I'm going to use his retained value vs. my own.
Come out with a model for retained value and educate us all. You must have not read my entire post. Until someone comes out with a better one I'm sticking with the companies model, which I completely understand and agree with.
I agree with their model so I'm not about to try to improve it. There are a ton of people who disagree with the retained value model but I think I've only seen one revised model of what they felt was better and it didn't have many numbers supporting it. It's amazing how people feel retained value is smoke and mirrors yet they don't have a model of their own to share.
Without commenting on the rest of this topic, I will interject here that there are reasonable scenarios where electricity prices fall, at least in some areas of the country. There is a credible case that we are less than ten years out from some major technological breakthroughs in generation, power storage, and systems controls that collectively will drop the market price of electricity. Remember that wholesale energy prices are set by the operating cost of the marginal generator. Renewable generators have a zero or near-zero operating cost, so as more renewable power goes onto the system, the price of wholesale power falls. The capital cost of renewable generation shows up in retail prices through a different charge (a "capacity charge" or similar), but that may or may not be a value that SCTY can capture (depending on regulatory decisions about whether such capacity charges can be bypassed).I've seen one contributor on yahoo who thought they were designing a new model but it had a lot of very negative assumptions about energy prices actually falling, not rising, which is nuts.
Does anyone have any thoughts why SCTY is down 8% today with earnings coming out after the close? I can't find any news that would make me want to sell the stock today?
It would be nice to know the reason the stock is down 11% on no news at all.
My guess ... "Sell on the (ER) news" + general risk off market sentiment.