Tuesday, June 17, 2014

Sell Solar City $65 (12%)

Sell 12% of Solar City (SCTY)
+ Stock up 10% today and up 30% in the last week, setting up selling opportunity
+ Market seems to be over compensating decision to buy panel manufacturer Silevo and create one of the world's largest production facilities
+ Panel business is low margin with lots of money losing Chinese competitors
+ Solar City is my biggest holding, selling 12% maintains diversity

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