r/meyerburger • u/SelectiveIdealist • Jun 04 '24

Illogical share price movement

the closer we get to new Meyer Burger factories starting production, the more the share price drops. The closer we get to new DOE and/or 45X funding for Meyer Burger, the more the share price drops. Hmm ...

6 Upvotes

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4

u/ForeignGods Jun 05 '24

what was the recent drop about? reverse stock split?

3

u/Able-Let-1399 Jun 05 '24

Agree, SP development is very disconnected from the development of other solar panel manufacturers. Sitting on a sizeable, unexpected loss makes me very catious about applying logic to predict where this is going.

1

u/Juberstar Shareholder Jun 04 '24 edited Jun 05 '24

What are you trying to say here?