Solar Power Inc. (SOPW) – Liquidity Needs Could Propel or Derail Stock
The GeoTeam covered its short position from yesterday, near break-even. Yesterday we stated we were watching as possible pump and dump. After further due diligence we are taking a closer look at the company’s liquidity needs which we believe could either possibly propel or derail the stock depending on how the situation is handled. We need to get a better read on the situation; we feel it is necessary to conduct further due diligence before we re-establish a short or long position.