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It's about to get interesting up in here.
Nice hopefully it pops soon
This isn't over until the fat lady sings...and she hasn't yet...
Huge bids what's going on?
I figured someone would find out one way or another the game they played.
New York Southern District Court
Judge: Andrew L Carter, Jr
Case #: 1:17-cv-04778
Nature of Suit 422 Bankruptcy - Appeal 28 USC 158
Cause 28:0158 Notice of Appeal re Bankruptcy Matter (BA
Appellee Brief due by 9/25/2017
HERE IS WHY SUNEQ IS ON THE RISE!
New York (August 30, 2017, 5:34 PM EDT) -- Two affiliated SunEdison Inc. investors have set their sights set on undoing a $300 million financing arrangement that helped the bankrupt renewable energy giant secure Chapter 11 plan confirmation, arguing to a New York federal court that the funding agreement was essentially used to buy creditor support for the plan.
Connecticut-based investment management firm AQR Capital Management and its affiliated hedge fund CNH Partners LLC fired off an opening round of appellate arguments on Aug. 26 in an effort to reverse a bankruptcy court’s approval of...
adding more to my position...
the two investment management firms are pursuing this aggressively... I am readying every filing....
You mean years, I guess a lot of people don't know how to read 10k. Hopefully lesson learned.
No halt at all because of the bk settlement. This doesn't require a halt at all. The shares will hit get cancelled soon enough and some people will still be in this wondering why their account went to zero. Duh to them. We gave them 3-4 month warning.
I don't understand why would this still be trading anyways. They should halt it.
No but it may never hit .03 as the shorts cover and leave. Everyone knows this is going to be cancelled so they want out. This is fade to under a penny and never come back until it's cancelled in November.
Yes it is but if you manage to buy sub pennies and sell at .03. It's not bad junk
Yes then back to .03. People will buy more at .007. This is crazy
Exactly. Then this will dip back to .01 and below.
In November per Court papers.
Oh please! Only fools are buying this.
It has already been approved.
The Court scheduled a September 12, 2017 hearing on the motion.
http://bankruptcompanynews.com/sunedison-bankruptcy-8-23-17/
Thanks bud!
Nice job man
Solid trade. .007-.03
Good morning all! Remember SandRidge Energy stock more than a year ago when it went bankrupt? After they confirmed the bankruptcy the price bounced for a while the same way what's happening here. People started to believe that their shares will be saved, although the judge made it clear that common shares will be gone after reconstruction what it happened in reality soon after. The same scenario is repeated here, people are so naive in believing in miracles. Once a company's bankruptcy is approved by judge common shares are gone forever.
MMs just wanted to load up cheaps. This will gap back up.
LOL and that is funny too . . .
Time to move up again! 50% of the oc is shorted... panic covering
Hope this moves on to criminal court after bankruptcy court.
is this the last little pop before retail loses everything?
Man would be nice to make at least some of that 2015 money back:)
Good luck
Its not cut and dry. That's what I have been preaching. With the news today its looking even better. The only news out on it came from seeking alpha from a bunch of nobodies. The only things that have came out are basic protocols for an exit/merger. That's why Tera is showing up in PRs now. Most of the buying is probably coming from the inside by people who knows whats going on. I haven't seen 1 professional that says its over. SUNEQ has been saying all along the sun cusip is going away and new shares are being issued. Because that's what happens when a company exits a chapter 11. The shares Tera is receiving are class A. Why would they want commons? Most likely old commons will become Tera commons. That's what usually happens.
What's so funny about that.
You explaining a CUSIP change over yet your telling me I'm wrong.
That will be funny when the plug gets pulled and all those holding lose it all.
Until it hits dollars.
Just traders playing hot potato with a t*rd.
I lost about 75K when this went Bankrupt, I sold my shares around 5 cents. Will any old shareholders ever get any money back from this stock? If you sold at years end for tax reasons for 4 cents what can you do now? Is it not lousy that the officers and CEO who mismanaged this stock can keep all there huge salaries and bonuses and perks while the common shareholder loses everything, they need to change those bankruptcy laws that state when the common shareholders lose than so does the people running these failed companies, they made plenty over the years, and look where it brought the stock to its knees. The largest Solar Power in the world, what a bunch of you know what, a pretty web page above which should show the faces of the common shareholders this stock ripped off with mismanagement.
The price would still be $0, $0, $0. 0 is a magic number. Learn to embrace 0. You probably also think McGregor will win.
What would be the PPS when Feds intervene?
Can anyone explain why the BOOM w/no catalyst that I could find??!!
when is the exit date--- get ready to lock the gate
Your words are still in my mind....but i can't understand why someone who buyed shares a few days ago is an horrible trader...
Are you a good 'short'?
Strong finish at $0.029!!!
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