What Did You Buy Today?

[fenders53]

And while we are talking about ENPH, They sell power inverters. It's really not much more complicated than a cell phone or PC. It;s a commodity at some point. ENPH ran because solar has a tailwind and they are stealing market share from Sedge. There is no long term MOAT IMO without a lot of innovation. ENPH new challengers will be ramping up perhaps before 2021 ends. VBIN and I are stealing money from ENPH option buyers month after month because it is loved, but volatile for a reason. It's easy to not put yourself at risk of buying shares at current prices. IMO ENPH is actually worth about $100 if they meet EPS goals for the next two quarters. I play very little spec and try not to be careful not to suck anybody into my hype. ENPH is less stupidly valued than other popular stocks because they are profitable and no reason to believe that will change soon. But they are not profitable enough yet to justify anything near the current price.