The first version of this article ran way back on March 30, 2016, so it might look familiar to a lot of you — but a few folks asked about it today, and it looks like the ad is running again, still without much change to the spiel, so I’m re-publishing this teaser solution. I’ve made some mild updates to these introductory paragraphs, and added some comments to the bottom, but a lot of the article (and the ad) is word-for-word the same as it was three years ago.
Three years? Yep, before that March 2016 update, there was also a previous version of this Dr. Kent Moors “New Fuel Will Kill Big Oil” and “Magic Sand Power” pitch, back in the Fall of 2015. The stock he pitched so aggressively starting back then as the “greatest leap of mankind” stock for “free energy” had been crushed… and I kept seeing the same ads for his Energy Advantage, continuing to tease the stock, all the way down. Even as the company was filing for bankruptcy, the ad kept running.
But, apparently eager to keep using a sales pitch that must have been working nicely to bring in subscribers, they carefully swapped out the hints about that failed stock and inserted hints about a new one sometime in early 2016. The ad that started then is still running today with almost no changes (I just received it again, though it’s got an April 2018 date below the signature now), though, of course, it teases a different company.
Which is probably a good thing — that first ad from 2015, which many of you no doubt remember for the pictures of deserts and the implication that his favorite stock had found a new way to generate electricity from grain of sand, was focused primarily on SunEdison (SUNE, which delisted and became SUNEQ before disappearing entirely), which was one of the worst blow-ups in the market shortly after that as they used hedge fund-suggested financial engineering and heavy debt to grow rapidly and finance new solar installations and expansions… then fell on their face when the “cheap financing” provided by that financial engineering proved to be unsustainable and they filed for bankruptcy protection from their creditors.
The newer ad that’s been running since 2016, with some variations, still has those zoomed in photos of sand, the talk about how big corporations like Google and Facebook and Costco are depending on this “new fuel”, and the general pitch for solar power. That’s essentially the same, with minor updates, as the ad that touted SunEdison.
I don’t actually know what Dr. Moors suggested to his subscribers as SUNE fell, or when — maybe he had them out of it at $3 or $2 or something along the way and shifted course, or maybe he remained convinced that their technology and their market presence will give them the chance to dig their way out and he never sold as it dwindled to zero. We’ve left the original comments appended to this article down at the bottom, so you can see what some folks shared about it at the time, including some folks who said they were subscribers to that newsletter.
So Dr. Kent Moors, thankfully, has been teasing someone else in solar. So who is it?
—The balance of this article, other than the updated info at the bottom, is unchanged from March 30, 2016. Assuming that the Thinkolator was correct, the stock being teased is down about 45% from where it was on that day… or if you had waited until this year’s version of the ad started in April, you’d only be down 37%–
Let’s check the clues. This is from the newest version of the ad that I got today:
“And while there will be numerous plays coming down the pike, you will NEVER have another opportunity like you have today – right now!
“You see, at the center of this energy revolution sits one tiny company that’s about to go from virtual obscurity to household name.
“Their revolutionary technology has completely transformed the way this fuel is harvested.
“At the same time, they have over 130 patents protecting their market share.
“To say this company is in the driver’s seat would be an understatement of epic proportions.
“At this moment, every major energy player on the planet is banging on their door looking for cheap energy.
“Their client roster is a ‘who’s who’ of global energy players, and they are poised for a global rollout of unprecedented proportions
“In short, the upside is staggering…
“Remember, Google, Walmart, Facebook, Apple, and the U.S. Department of Defense are making massive investments into solar. And with 130 patents, this company is in the driver’s seat.”
That might sound really, really familiar — and it is almost identical to the ad that was sent around in 2015. Here’s the version that was teasing SunEdison back in November:
“You see, at the center of this energy revolution sits one tiny company that’s about to go from virtual obscurity to household name.
“Their revolutionary technology has completely transformed the way this fuel is harvested.
“At the same time, they have over 750 patents protecting their market share.
Are you getting our free Daily Update
"reveal" emails? If not,
just click here...“To say this company is in the driver’s seat would be an understatement of epic proportions.
“At this moment, every major energy player on the planet is banging on their door looking for cheap energy.
“In fact, their client roster is a ‘who’s who’ of global energy players.
“They’ve already locked in enormous long-term deals with the likes of Walmart, Google, the U.S. Department of Defense, and New York City.”
See those little changes to the specifics? No longer are we dealign with a company that has 750 patents and long-term deals with Walmart, Google, etc… now we’re dealing with a company that has 130 patents, and is in the driver’s seat for solar energy, which is also an area were Google, Walmart, etc. are making big investments, but isn’t necessarily specifically working with those mega companies.
The marketing spiel ends up giving the same impression, but the specifics are different. And, one assumes, the company being hinted at is now different — apparently Dr. Moors believes that SunEdison has fallen out of “the driver’s seat” and been replaced by a substitute driver at some point in the last few months.
So who might it be? This is what we get by way of clues:
“I’d like to introduce you to an extraordinary company.
“It is, quite literally, the SPARK that put solar on the fast-track to total domination of the global energy markets.
“If you could only own one solar company for the next 10 years, this would be the one.
“There’s no doubt in my mind…
“Remember, the energy sector is responsible for rare and exceptional trades big enough to turn $1,000 into $1 million in a single transaction.
“And while there are no guarantees, this ‘premier’ solar company could be the biggest win we’ve ever seen.
“Not just in the energy sector, but in financial history.
“Let me give you the facts…
“Own the Next Super-Major Energy Titan for Pennies on the Dollar!”
Huh. No actual clues in there, eh? That is, in fact, word for word, exactly the same thing he said about SunEdison back in the prior version of the ad.
Just a reminder to keep ahold of a healthy handful of skepticism whenever a pundit says “there’s no doubt in my mind” or “if you could only own one [company] for the next 10 years, this is it.”
So do we get anything else that might be a bit more specific about the substitute for SUNE in Moors’ affections?
Here are the hints from the old SUNE pitch:
“It’s a complicated process, and this company has taken it to a whole new level.
“You see, in its raw form, Si is full of impurities…
“These impurities inhibit the conversion process, making for expensive energy, once as high as $76 per KWH.
“That’s what makes this company’s patented technology such a remarkable breakthrough.
“During the process, very small particles of Si called ‘seeds’ are suspended in a cloud of gas.
“Si in the gas attaches to other Si particles, forming larger and larger beads.
“These beads eventually drop out of the gas like rain…
“The beads are then melted and formed into wafer-thin slices of 99.99% pure Si…
“The technology is 1,000% more efficient than the industry standard.
“And the big thing: The cost…
“Again, traditional solar cells delivered energy at a cost of $76 per KWH.
“This company’s technology is so efficient, and creates such pure Si, they are supplying a utility company with solar at 5 cents per KWH.
“That’s right. This company’s technology is so significant that utility companies are throwing in the towel and buying solar power!”
And now, from the updated pitch for the new mysterious solar company:
“It’s a complicated process, and this company has taken it to a whole new level.
“You see, in its raw form, Si is full of impurities…
“These impurities inhibit the conversion process, making for expensive energy, once as high as $76 per KWH.
“That’s what makes this company’s patented technology such a remarkable breakthrough.
“First, raw Si is melted in a mono-crystalline electric furnace.
“During the melting process, a stream of Argon is pumped into the furnace to remove impurities and inhibit oxidation.
“The molten Si is then cast into square blocks and cooled.
“The blocks are then sliced into wafer-thin slices of pure Si…
“The technology is scientific genius and creates highly purified Si, ready to convert sunlight into ready-to-use power.
“In fact, this tiny company’s patented solar cells set a NEW WORLD RECORD for power output.
“Incredible… and the big thing: the cost…
“Again, traditional solar cells delivered energy at a cost of $76 per KWH.
“This company’s technology is so efficient, and creates such pure Si, they are supplying a utility company with solar at 5 cents per KWH.”
Seriously? Those, again, are almost identical. Are there really two “remarkable breakthroughs” from different companies? Or did the copywriter just tinker slightly with the ad so it could apply to someone aside from SUNE?
Well several solar cell manufacturers over the years have set “world records” of various types — including efficiency, cost, output, etc. But if you’re talking about this particular silicon manufacturing process, and a world record for power output, and 130 patents, then what Dr. Moors is teasing this time around is JinkoSolar (JKS).
About which I know almost nothing — but it has not, at least, fallen apart like SunEdison. They are, like SunEdison, vertically integrated — they process their own silicon, including recycling, and create their own wafers and build their panels, but they also do develop solar power projects. Here’s how they describe themselves:
“JinkoSolar (NYSE: JKS) is a global leader in the solar industry. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 3 GW for silicon ingots and wafers, 2.5 GW for solar cells, and 4.3 GW for solar modules, as of December 31, 2015. JinkoSolar also sells electricity in China, and had connected approximately 1,006.6 MW of solar power projects to the grid, as of December 31, 2015.”
They are not nearly as levered as SunEdison, which isn’t saying much — they have boosted their borrowing over the past couple years, so they have about $2 billion in debt matched by about $800 million in cash at the end of 2015, though they also have a much larger “accounts payable” line than they do “accounts receivable” — so it’s a larger operation than is indicated by the market cap of only $600 million. Their revenue has doubled over the past couple of years, and they have been profitable for a couple years, so presumably they can handle that leverage. On an Enterprise Value/EBITDA basis they’re in a fairly similar valuation neighborhood to both industry giant First Solar (FSLR) and the similarly sized Chinese solar company Canadian Solar (CSIQ) — JKS is at EV/EBITDA of 8.5, FSLR and CSIQ are both around 7.
When it comes to earnings, analysts expect that JKS will earn $5 a share this year and boost that by about 15% to $5.78 in 2017… which means there’s obviously some risk or fear in there that I don’t know about, because that means JKS is trading at only 4X expected earnings for the current year. That doesn’t generally happen unless a lot of investors smell a rat or are panicked about a sector. It could just be that analysts have no idea how to guess at earnings — JKS reported earnings that were dramatically worse than expectations for the first three quarters of last year (as in, 50% lower than expected), but then also reported earnings for that final quarter that were more than 30% higher than expected. So I’d use those analyst forecasts sparingly, don’t count on them too much. For actual trailing earnings, JKS earned about $3.30 a share in 2015 — so even on that metric it’s not terribly expensive at about 7X trailing earnings.
So… why is it so cheap in a sector that is generally seeing top line growth? Is it just that their earnings have fallen by about 25% a year over the last several years? Is it fear of the sector because of price competition? Are people still just afraid of all Chinese solar stocks because of the horror stories of fraud and the worry about being unable to trust numbers from some Chinese companies?
I have no idea, I’m afraid… but I am sure that the Thinkolator is accurate in telling us that Dr. Moors has thrown his weight behind JinkoSolar as the standard-bearer for solar power.
And now that we’re in late 2018, three years after Moors initially tantalized us with tales of SunEdison’s might and then shifted gears to focus on JinkoSolar a few months later, are there any other updates to the spiel above?
Well, there were some minor changes along the way — JinkoSolar now has more patents, 200 patents with another 102 pending, Moors says. And the price of solar energy has continued to fall precipitously, those ads from a couple years ago touted the exciting breakthrough that let them sell solar electricity at five cents per kilowatt hour, and that best price has now been cut in half to 2.4 cents.
And yet, this is what the share price has looked like for JinkoSolar:
The valuation is still cheap for JKS on an absolute basis, they have a trailing PE of about 9 now, and analysts think they’ll end this year with about $1.50 in earnings — that’s a lot for an $11 stock. But they also don’t see any revenue growth over the next few years, so earnings are mostly predicated on them somehow improving their profit margins — they’ve had fairly flat revenues over the past two years, and profits have varied wildly, so maybe they will become more profitable… I dunno. They are obviously and clearly impacted by trade war chatter, and by stricter US import rules for solar panels that came into play before the broader trade war craziness, so it’s probably foolhardy to try to predict the future with any precision.
They are still growing in terms of production and units sold, they had a record shipping quarter last time out (three gigawatts, almost), and that helped to boost their earnings and support the stock, and they have announced some big deals to supply panels for large projects in Vietnam and Nevada in recent months. Debt is still a concern, as interest costs rise, but they have a lot of cash on hand so they’re not in any immediate danger.
Think it will work out? Have other favorites in the space? Here’s a bit of perspective on some of the other solar stocks that jumped to mind, and how those stocks have done since this ad started running — you’ll see JinkoSolar there in blue, not quite the worst performer but beating only ReneSola (SOL), while First Solar (FSLR) is fairly close by and Canadian Solar (CSIQ) and Sunrun (RUN) have bested JKS pretty nicely… but even the solar ETF (Invesco Solar ETF, ticker TAN) has lost value over those 32 months.
JKS Total Return Price data by YCharts
Have a favorite on that list? Prefer some other solar player? Let us know with a comment below.
P.S. If you’re wondering about the other two companies Moors is pitching in this ad, those appear to be unchanged — still Solar Window (WNDW) for their experimental “solar panel” windows for skyscrapers, and Tesla (TSLA) for their Powerwall battery that can provide “nighttime solar.” We covered those two in the follow-up article here, my opinion on them hasn’t changed. Tesla is hot again of late and is up 65% since November of 2015, when I first covered that Energy Advantage teaser… WNDW is up about 18%, thanks largely to some recent strength on the back of a financing deal and an early stage “alliance” with an equipment provider, so if you had put equal amounts into those two stocks you would be up about 41%, a bit better than the S&P 500’s 36% return (if he had started with JKS instead of SUNE back then in a three-stock “solar” portfolio, that would have returned 12%… if investors had stuck with SUNE after that first November 15 teaser pitch, then a portfolio of SUNE, WNDW and TSLA would have resulted in a 6% loss).
travis, thank you for your excellent sleuthing. dr more recommended to bail out of SUNE yesterday. here is a copy of his release:
Action to Take: Sell SunEdison Inc. (SUNE) at market.
Urgent Update Re: SunEdison
By Dr. Kent Moors
Dear Robert Easton,
This morning, I woke to the disturbing news that SunEdison Inc. (SUNE) is under SEC investigation for having mislead investors about how much cash it had on hand.
I’m furious, as I’m sure many of you are.
I first added this company to the Energy Advantage Portfolio on the basis of its phenomenal potential, and I recommended that you stay in through all its temporary volatility because the company – according to its filings – appeared to have enough liquidity to weather this crisis.
But now it seems that SunEdison’s management may have in fact been misleading investors about its liquidity. The Wall Street Journal reports that the SEC is investigating whether SUNE’s reported $1.4 billion in cash was actually much smaller than that, potentially as small as $56 million.
This, if true, is dangerously misleading, if not outright criminal.
But even more than anger, I feel disappointment. SunEdison assembled some of the best solar power assets in the world, becoming the world’s largest solar power developer. The company was perfectly positioned to profit off the explosive growth of solar power – estimated to reach 80% in the U.S. in 2016 alone.
If the SEC is correct, and SUNE executives did indeed mislead investors (including us), then they managed to waste all of this wonderful potential, and – worse – shareholders’ money.
And even if that turns out not to be true down the line, the markets will still react as if it is. The only thing that’s certain now is that this will play out in the courts, potentially for years. And I don’t believe it will be worth riding the inevitable ups and downs.
Sadly, it’s time to let this go.
If you followed along on this trade, the prudent thing to do now is to leave and retrieve your remaining capital. The risk is just too high now, and this latest news suggests that SUNE’s management has no clear way out of this.
As much as I would like to see the potential of this company bear fruit, with this morning’s news, there’s just no sound case for hanging on. When there is this much speculation and rumors surrounding a company and its management, the full damage is difficult to measure.
That means it could get worse from here. And I don’t say that lightly: this is the most disappointing situation I’ve ever witnessed.
I’ll continue to follow SunEdison even though it will no longer be in the Energy Advantage Portfolio, and I promise to let you know of any developments.
This is such a shame, given the months of research and resources we’ve devoted to our coverage of SUNE. And – worst of all – the extraordinary trust that shareholders placed with management.
There’s more to follow on this story.
In the meantime, here’s what we suggest:
Action to Take: Sell SunEdison Inc. (SUNE) at market.
Sincerely,
Thank you Travis for putting Moor’s into perspective,
SUNE now SUNEQ is in Chap 11. I bought it. Lost a lot on it.
Not sure about the new ticker stock being hyped, I bought SUNE back in FEB when first hyped.
Got the sell email from Kent Moor Monday. He stated the Sun had overstated their cash at 1.5 billion when it actually was around 60 million. Glad i didnt buy on his recommendation, but I did pay the 79 bucks to get in his club. What a racket as they hammer you with constant emails to join their other areas. When it is all said and done the total cost is around 7k to get all the “TIPS”. One good thing it is how I found stockgumshoe as I was so tired of being barraged with emails I searched and found you!
You’re right on Mike. I bought, sold and lost quite a bit on SUNE. Being fed up with their overabundance of mysterious emails I canceled my subscription this morning and luckily got total refund of my 79 dollars. At least I haven’t lost everything….I will use that money to upgrade my stock gumshoe membership at least I’ll have my money worth…
Great work!
Moors first rec. SUNE in his expensive newsletter, about 4 months prior to the November rec. you cite. I was already down ~30% but stayed in when he again recmmended it. I bailed last month. His substitute now has no value, especially with the word-for-word lazy publication. I have concluded that “Dr.” (PhD in Political Science) Moors is not a worthwhile resource for any commodity or financial stock. Or anything else. Best regards, and thank you. HJK
Wow…! PhD in Political Science…that explains a lot…! 300% in line with your conclusion.
When I see Moor’s name on a teaser, I seek the unsubscribe link.
In other words the PHD stands for “Piled Higher @ Deeper
Just a quick note to confirm Dr. Kent Moors has advised people to SELL, SELL, SELL SunEdison. Apparently he didn’t know as much about the company as he thought. I find that difficult to believe from a person that advises world governments and corporations on energy policy. On a side note. it is my personal recommendation that anybody buying stocks recommended by Dr. Moors check out his past recommendations and compare them to his Energy portfolio. It’s like magic. See your money, poof it’s gone. I’d like to say more but I’d probably get sued. Thanks, Andy
yes, I agree with the guys who subscribe to money morning, I don’t listen to what they say or advise anymore, even if they say SELL or BUY. if they had their finger on good stocks do you think they would care to tell you. its a big business sheeping people who don’t have the time to study companies yourselves.
I do my our investigation now and ofcourse gumshoe is worth the subscription compared to all the “huslers’ out their trying to think they know technology and companies.
if they were that good, they wouldn’t be peddling and enjoy a luxury life now,… lol
Since 2013 most of his picks are losers. Tried to get a pro-forma refund on my remaining issues from this loser Newsletter Energy Advantage, no dice. He pitched SUNE in his last newsletter from $30’s to zero? He always brags about whom he knows and his close contacts in management and technology. He makes the the biggest pitches to sell Newsletters but does not deliver. Avoid him , talk is cheap, results are dismal
I bought SUNE at about $2/share!
Are you suggesting that I loose $1.45/share
And get out?
Dr. Moore I trusted your pitch and subscribed
To your Energy Advantage! In fact your powerful buy recommendation was when
SUNE was about $5.35/share. I am glad I did not buy it then!
Well everyone, do I take the loss? Is there any
Possibility that SUNE will survive and grow?
What happens to its subsidiaries TERP and GLBL ? Who pay dividends 24.6% and 42.15%
Respectively?
TERP dividend is 14.6.% or about for TERP
I suggest you log on to a trade web site an look at the news, earnings report and the quarterly losses for the past two years. It is an immediate red flag when affiliates report potential bankruptcy. Your first loss is your best loss, is the frequent advice I hear. Figures don’t lie but liars do figure. Have you seen the 70 % loss of a big drug company just this past week that over stated their revenues?
Certainly everyone picks lousy stocks sometimes (myself definitely included), it’s important to be honest with yourself about a stock that’s falling — I don’t like automatic stop losses because they’ll result in selling at irrationally low prices sometimes (though I am testing them, to see how my decisions work out compared a strict stop loss regimen), but that doesn’t mean a changing business shouldn’t result in a changed opinion.
If you’re a long-term fundamental investor (as opposed to someone who’s doing swing trading or primarily trading based on chart patterns, for example), it’s important to be aware of at least some of the bad scenarios that might befall a company, and think about what your reaction would be if the stock falls sharply on a bad quarter or other bad news — whether that’s an automatic stop loss, or a re-analysis, or what… I don’t like blind “hold forever” policies any more than I like strict stop losses, my tendency is to look for bargains in falling stocks but I’ve certainly held some stocks for far too long, with regret, as they’ve declined. I try not to get that temptation as much with highly levered stocks, it’s no fun to be a stockholder when the bondholders are really in control.
Separating clinical or analytical decisions about the prospects for a company from the “I won” or “I lost” sentiment that makes us feel good or bad is critical for individual investors, I think. Know yourself as well as you can, try to avoid snap decisions, and give yourself a fair chance at success by thinking at least a little bit about your selling strategy before you buy.
As an MMP Passport member for some time now I have seen a distinct changes in MMP. In fact when comparing them to a Plump and Dump I see little differences except possibly their degree of attack. MMP is much more suttel, and wait much longer, but their results are huge. Basically they are just another con job.
Thank you Travis for your continued practice of exposing the all hype start ups that will make you a better winner than a winning lottery ticket. I get at least one of the monster winner fliers each week and every time I run them through a fundamental analysis, their claim to fame usually involves, “We intend to” or “We just was awarded” or “We have received a proposal for” and other non event types of news. Real companies (today I read through NAT’s annual report) state clearly and with transparency their financial, contract terms and financial trends with in their industry.
While I like this Company this is not to be construed as a recommendation except to provide an example of a well run company as far as shareholder letters that state clearly their business plan and goals.
Should you run any investigation into Nordic American Tankers, your opinion would be appreciated and read.
Heh–I bet Kent is getting some flak from the publisher, as this is a bit of a disaster for his service. Note that in his ‘sell’ message he does not take even a tiny bit of blame, such as “Gee, mebbe I shoulda used my usual -30% stop-loss for this dog, huh? Oh well—my bad! Sorry!”
Here’s 5-minute check on the recommendations of fundamental analysis that will keep you out of stocks in bear markets that every investor needs to know. All you need is the symbol, for which you need stockgumshoe for the likes of Dr. Moors. Go to stockcharts.com and see the Start to chart box at the upper right. Choose the Type of Chart as P&F Chart and Enter the Symbol. When the chart appears, scroll below the chart to set Chart Scaling Method to Percentage and set the Percent to 10 and press Enter. This works good for JKS, 11% is better for SUNE. This chart will tell you if the stock is in a bull or bear market: A bull market makes only higher lows and a lower low is the sell signal. A bear market makes only lower highs and a higher high is the buy signal. The numbers are the year and month. SUNE has been in a bear market since Aug 2015 and JKS has been in a bear market since Apr 2014. If JKS can rise to 30 before falling under 16.93, that would be a new bull market. If you would like to speculate on SUNE at this extreme, Buy at ,65 (an upturn) and stop at .43 (a lower low.)
Judging by the subscribers’ comments, would it be great to keep subscribing to his newsletters? That way we would get an idea which companies to short. Everytime he recommend to buy a company, just do the opposite. Anyone to volunteer?. Just drop me a message the quarterly result of this new DeKentMoore strategy. LOL
LMAO you took the thoughts right out of my grey matter. So guys, please post his picks when you get them.
Everyone seems to despise Charlatan Moors because he’s a crook. My biggest loss was when he bullishly predicted oil would go up when it went dramatically down. If this is the type of “expert” that’s giving advice, stay away like the plague. It would be nice if these phonies were banned from selling recommendations, but we suckers believe them and learn the Hard Way that they know nothing except to steal your foolish money!
That’s an interesting strategy. I wondered how many others were talking about that. I did a quick search on the Internet, variations on “advisor says buy stock so you short it” but didn’t retrieve anything useful.
Renowned “commodity guru”, Dennis Gartman, is yer man!
The person who starts a Triple-Inverse Gartman ETF will clean up!
That’s an interesting strategy. I assume we are not the first to think about it, but I did a quickie Internet search and didn’t see proof that others invest that way.
I’ll subscribe to his newsletters if he agreed to pay me a good dollar every time I read his recommendations.
Please enlighten me, what is a good dollar?
ACCORDING TO MY RESEARCH and calculations, what was originally defined as a “DOLLAR” was a specific weight of gold or silver giving it intrinsic value. To-day it is little more than a near worthless piece of coloured paper supported by nothing more than politicians “HOT AIR” with somewhere between 2-3 cents in actual purchasing power to-day, since Nixon took us of the gold standard in 1971.
Jim Rickards has calculated that given the amount of fiat currency tht has been printed since then an ounce og gold SHOULD be worth about $10,000. to return us to honest and constitutional money.
This has to be the theft of the century and don’t think President Elect Donald Trump is going to fix that unless he wises up and abolishes the FED as former Congressman Ron Paul has long advocated. The Federal Reserve Act of 1913 is nothing more than a “license to steal and ultimate Ponzi scheme that will ultimately self destruct.
Kent Moore may still be talking about another company affiliated with SunE.
His description reminds me of ‘quenching of electronic states’ . Keith mentioned about it and when I explained the process, the thread stopped there. I have not followed up on it. That was a few months ago.
It was well known SUNE was buckling under an avalanche of debt and unlikely able to meet it’s obligations. Kent would necessarily have had prior knowledge of this so it begs the question, was he compensated some way at the subscriber’s expense?
This guy, Dr. Moors, was still recommending SUNE when it dropped below 2$/share.
When it dropped down to 0.60 cents, he issued a sell alarm…sell at once at market.
I’m one of the victims of his recommendations.
Quite a lesson!!!!!!
Stay away!!!!
Not only did I lose on the SUNE @ no stop reco but am down 95% on his Linc Energy @ no stop reco. Never again with this guy. There needs to be a way to hold these kind of people accountable. On the other hand I did look and did bit on my own and they just didn’t pan out. This is the best site to get a good handle of some reco’s but again it’s hard to control the big boys if they should decide to shove a Company and stock down.
Stay away from this guys, in all their publications. Most of their recommendations do not generate profits. On the other side, they charge you a lot of money which is paid for useless recommendations.
STAY AWAY.
Somebody should make a legal move.
I like JKS. Here are some possible reasons for the low PE: http://seekingalpha.com/article/3956376-jinkosolars-shares-stay-low
Interesting, I hadn’t looked at the convertibles — thanks for the perspective!
JKS seems to be carrying a debt:equity about triple that of the industry.
If you’re going to speculate rather than invest, it’s easy to fall into the hands of these guys. They know all about pressing your greed button. Remember, 80% of profit warning are followed by another (in the UK anyway. I doubt if it’s different in the US.
Just saying…
I bought SUNE at $2.56/ share based on Dr Moors recomendation, and have lost over $9,000.00. I sold it today at $0.55/ share. What a ripoff. Is there any way a person can sue him for this recomendation? He is supposed to be “very intelligent” in these matters. I will never again listen to his recomendations. I have cancelled his emails. This just about wiped out my account. I’m beside myself. I didn’t have that much money to play with in the first place, and then to listen to him tell everyone how great SUNE was. At least TLSA is doing great. I just don’t have enough shares to make up for my losses.
PP- Am also a victim of Dr. Moors. I don’t think his PhD is in Political Science but in BS, (the B stands for Bull, not Business; the S you can figure it out). Somebody should start a class action suit against him for his phoniness. Your expose would be exhibit 1, and I’m in.
And 3 hurras for Gumshoe!!!.
Pepe Marrero