A New Financial Report On Real Goods Solar, Inc. (NASDAQ:RGSE) Due Today

[[tagnumber 0]][[tagnumber 1]]When Real Goods Solar, Inc. (NASDAQ:RGSE), d/b/a RGS Energy, announced somewhat meager financial results for the first calendar quarter of 2015, management blamed inclement weather and lack of access to the equipment required to utilize the backlog. The latter had reportedly been due to financial difficulties faced by the company in settling accounts with vendors. Today, the leading installer of rooftop solar panels for residential and corporate clients is set to publish its Q2 report. A report which will tell the stock‘s backers an answer to the question if there is any room for growth on the charts because there has not been one for ages.[[tagnumber 2]] [[tagnumber 0]]Indeed, RGSE‘s one–year chart prectically shows a stock that has taken a real beating recently – from $47.8/share in September 2014 to $1.29/share last month. Last Friday, RGSE closed trade at $1.98 on a volume in excess of 1.4 million. Does RGS Energy have what it takes to make a full recovery on the charts?[[tagnumber 2]] [[tagnumber 0]]According[[tagnumber 6]] to CEO Dennis Lacey, it does. In late–June, RGS Energy raised $4.4 million from a public offering of a mix of stock and warrants, preceded by an $11.5 million debt financing earlier this year. Since the latter did little to improve RGSE‘s chart standing, the 1–for–20 reverse stock split in May hardly came as a surprise. Aimed at inflating the company‘s stock price, the split subsequently failed and RGSE has since lost an additional 25% in market value.[[tagnumber 2]] [[tagnumber 0]]In this respect, the new financials are expected to shed light on the future development of RGSE shares on the market. They will either confirm that the company‘s management has taken the right measures, or that the light at the end of the tunnel has yet to become a reality. If the most recent net loss of –5.26% is anything to go by, RGS did worse than the industry average of –0.70%. On the bright side, shorters do not seem to have a vested interest in the stock, which means that those who expect a continuous free–fall are a minority. What is more, the net insider activity of $8.5+ million over the last three months suggests that at least one director and one investment fund remain confident in the stock‘s positive performance in the future to come.[[tagnumber 2]]