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SUNEDISON guided 2016 adjusted EBITDA to $1.19B - forecast ending 2016 with $1.1B in cash, up from an estimated $805M in the fourth quarter of 2015. >>>>> SunEdison noted it is not projecting the proposed Vivint Solar (VSLR) acquisition to impact its cash and liquidity profile theflyDOTcom/landingPageNews.php?id=2304580&headline=SUNE;VSLR-SunEdison-sees-ending--with-B-in-cash
* •With the revision in Vivint Solar's acquisition deal terms, the stock is expected to gain some momentum. * •Its deal with JPMorgan will further improve liquidity. * •From a cash generation and financing perspective, Q4 should shape up well. * the company as a whole looks promising with an impressive renewable asset base worldwide. * the bottom may have finally be reached for SunEdison and it can return to a normal valuation. * SunEdison finalized the sale of its 333 MW wind farm assets for $209 million. SunEdison also has the option to repurchase the assets in the next five years. According to Credit Suisse, the transaction will provide the company with a gross profit margin of anything between 15% and 28%. It is thus expected that the company could generate ~30-115 million of cash profit. * $6 currently and has more than doubled from its 52-week low price, I believe it is still undervalued and has huge potential to go up. Though the prices plunged following Appaloosa's enquiry, it did gain rapidly after the positive steps taken by the management recently. The stock's consensus target price now stands at $11.96. *
Holidays
JUST OUT >>>>> Credit Suisse Has It Right, Gives SUNE Outperform $25 Target post
doesn't matter either way what he thinks . but,,,,the *erd does have some following I suppose.
CRAMER Finally on SUNE band wagon - "DUH!!!"
"Yaa - Baby !
Gorbachev - Take down those walls $$$$$$
This is the SPOT peeps before next leg..
Good spot to add more.
Bouncing off of 50 day as support (currently) nice SIGN ! Maybe this can close the short trading day at 6 or better.
Maybe I should repost my " SUNE HEATING UP" video again ;)
Maybe I should repost my " SUNE HEATING UP" video again ;)
Wonder when it will get back above $2 ?
That's is IF it can't get back to 5.59 to break through that resistance..
Falling, looks like another RETEST of 5.32..
Judging by the out come here today, it Seems my SUNE Heating Up Fire video didnt go over to well with shorts...."Scary Real"....This for sure will be back in the 6's by lunch tomarrow....I feel a major Gap at opening tomarrow.....SHORTS will FRY...just sayin.
Judging by the out come here today, it Seems my SUNE Heating Up Fire video didnt go over to well with shorts...."Scary Real"....This for sure will be back in the 6's by lunch tomarrow....I feel a major Gap at opening tomarrow.....SHORTS will FRY...just sayin.
I remember after hours and pre market yesterday didn't look all that concerning and then it opens in the 6.60's and then the bottom fell out...dam...
Yup,,,,sold when 5.59 couldn't hold, then I knew a retest in the teens was coming but didn't but in at close because another near raid high probability....I will load when resistance holds....very worst case 3.98....as it held admirably last time I noticed...we shall see what unfolds.....Now this is nail biting ;)
Ya,,,,if there's news we all will be grateful...
Yup,,,,sold when 5.59 couldn't hold, then I knew a retest in the teens was coming but didn't but in at close because another near raid high probability....I will load when resistance holds....very worst case 3.98....as it held admirably last time I noticed...we shall see what unfolds.....Now this is nail biting ;)
Wrong.....SHORTS are in control / in play....it will style out but not tomarrow.
Oh No,,not retail !!!!!!
if that were the Case, they would have never let it go below 5.
wont go there (3) but maybe, just maybe #3.95....when I got in this - before I got my feet wet,,,,i watched it bounce multiple times of 3.95-8....that was a GREEN light for me at 4.09 and had a nice ride...I seriously think it will retest the 4.25 area to low 4's.....didn't hold momo today at end did it ;)
UPDATE:
FOR THE REBOUND WISHERS - Honest observation to at least consider
.
On a 1 min, 5 minute 15 minute chart HAVE YOU SEEN ANY bullish candles with any volume. OR have you noticed that EVERY rebound fails at the Open of the previous downtrend candle....??
>>>>>>>> The REBOUND will eventually go back to $6.38 HOWEVER - once $5.32 failed to hold you have to test $4.25 and most likely $4.14 and maybe even $4.07. However, I THINK there WILL be a spike that tests $3.95-$3.97 I originally got in this a few weeks back at $4.09. Could go back to there abouts - just sayin.
Could happen..retest 4.5 or down at 4.10 them again it might stay in low 5s.....?
Most was shorted from 6.50 to 10.....we were getting close with MOMO, that's why they covered today...now this will break out of the 8's.
Most was shorted from 6.50 to 10.....we were getting close with MOMO, that's why they covered today...now this will break out of the 8's.
Verrrry nice buying opportunity. Take advantage of it and LOAD as you can already see - its going up and will be up really big soon.
TERP is up today...no worries this will recover.
This will bounce Hard...50 day?
Maybe you nailed it?
that should WORK for that gig news you were wanting !
The recent solar ITC extension has dramatically improved the health of the US solar industry. Whereas the solar tax credit was previously slated to decrease to 10% in 2017, the ITC is now slated to remain at 30% until 2019. What's more, the solar ITC will only decline to 26% in 2020 and 22% in 2021 (the ITC will stabilize at 10% in the year 2022 and beyond). The new solar ITC plan is clearly a far cry from the original and will likely propel the solar industry to new heights.
The solar ITC extension will be particularly beneficial to SunEdison (NYSE:SUNE). As SunEdison is primarily involved in the utility-scale solar sector, which is currently far more susceptible to subsidy changes, an ITC extension is the best possible outcome for SunEdison. SunEdison is currently experiencing one of its most difficult periods given the rapid decline in investor confidence. This makes the recent solar ITC extension all the more important for SunEdison's success.
Business Model Strengthened Overnight
While SunEdison has involved itself in a growing number of businesses, the company's core business still revolves around the utility-scale solar sector. As much of SunEdison's business model is focused on constructing and selling utility-scale solar projects, an ITC extension should dramatically increase the value of SunEdison. SunEdison should witness a dramatic uptick in demand for utility-scale projects in the US solely as a result of the ITC extension, putting the company in a great position.
Perhaps most importantly, the ITC extension will make SunEdison's strategy of selling projects to its yieldcos far more viable. As SunEdison's yieldcos TerraForm Power (NASDAQ:TERP) and TerraForm Global (NASDAQ:GLBL) partially rely on selling equity to buy SunEdison's projects, the ITC extension should be invaluable as it raises both these yieldcos' valuations (due to increase investor confidence in solar stocks). At higher valuations, these yieldcos can raise more money.
Not surprisingly, both these yieldcos have experienced a huge upsurge in valuation upon news of an ITC extension. As SunEdison's yieldcos can better afford to buy SunEdison's projects at higher valuations, SunEdison's project selling business is also improved. As such, the ITC extension should help SunEdison reverse its current downward spiral. Despite the fact that SunEdison has nearly doubled in value over the past few weeks, the company still has more room to grow given its current positive circumstances.
Source: SunEdison
Refocusing Business
SunEdison has already started cutting back on more peripheral businesses like energy storage and has even started scaling back on its international expansion plans. In fact, the company recently terminated its $250 million deal with Brazilian renewable energy company Renova. Given the current nervous investor atmosphere in regards to solar (especially on the financing front), SunEdison's more conservative approach seems appropriate. By winning back investor confidence, SunEdison should be able to raise capital more easily for future projects. The ITC extension only strengthens SunEdison's improving situation.
Conclusion
Given SunEdison's market penetration and growth, the company appears to have much more upside. While there are many safer utility-scale solar plays like First Solar (NASDAQ:FSLR) and SunPower (NASDAQ:SPWR), SunEdison is a good investment despite its risks.
http://seekingalpha.com/article/3768096-sunedisons-fortunes-have-dramatically-improved
"HEATING Up SUNE" & its Affects on Shorts - Sound Trac included http://www.bing.com/videos/search?q=raging+forest+fire&view=detail&&mid=943E2ADE73123FC448F3943E2ADE73123FC448F3
Hence the insider buy.
Hec hes got the same amount of shares I got today at $6.67 that I added to what I already had...