I got out of ESLR a few weeks ago and got back in the 7.30s I believe. I have two theories on why ESLR isn’t doing so well: (this is just speculation on my part):

1. There are now a number of Solar stocks in the market to choose from and some investors might have decided to move money into other solar stocks.
2. There is some concern of Solar Panel prices prices falling in Europe and government support concern in Europe as well.
3. No significant news is also affecting it in my opinion. Lot of the investors who invest in alternative energy are speculative and might not stay in for the long term. There is a lot of short interest in this stock: Short % of Float = 26.47 % so hopefully will see a bounce sooner rather than later.

For a while now we have seen ESLR swing between high 7’s – low 9’s but this time it has made its 52-week low. I am just waiting on shorts to cover at this point.

I have no idea what’s going on internally. I don’t see any significant insider selling which makes me feel good.

http://www.form4oracle.com/company?cik=0000947397&ticker=eslr