Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
zero today? summer solstice sacrifice
this ticker appears to have been taken over by some druid pump and dump wizards. its going to vanish on the solstice
glta... maybe you should triple down, GREAT DEAL, CEO hype lol
who buys to close shorts?
the preferred scenario is to hit zero, so why would shorts close if they are so assured that this goes kaput
thanks for sticking around girlfriend
ill have to get you a nice ring and a michelin star dinner when this is all said and done. lot of highs and lows
if there is a will there is a way
but the absolute max i could envision would be a run-up to pre-BK price ---- say somewhere between 35 and 40 cents.
lot of smart money backstopping
in the 050 range. no surprise at all to see heavy hitters showing up anywhere sub 050. well get another bagger at of this in June the big run weeks back was only a dress rehearsal, can you say Quarter?
buyout rumor numbers
where would you put this baby? AAPL? GOOG? AMZON?
id range the buyout between $10 and $15
the CEO/founder needs to just step away and retire with some dignity intact
cheers to the longs
somebody is out there providing very strong support at 050 and its a very respectable action to take. a lot of baggies dried up there money too early in this game and cant afford to double or triple in at discount prices. thanks again for the support ;) Club 33 is still on watch
agree with girlfriend
but will say it again, they are some potential wildcards
1/ judge bernie fairly liberal leaning out of NYC/ NY which is very pro solar
2/ Nastasi Partners have a legacy of dealing with huge fiascos and creating great value for their clients
3/ the secureds/ unsecureds have really been lazy on disclosures and general DD
odds are still extremely long for commons. BUT lets be real people this ticker has a lot of life left, unlikely to die this month could drag on to August. fuck it, if the griddle is still hot lets make some more flap jacks. pour it out, let it settle, scoop it and FLIP
call a spade a spade
not really quibbling that TP is still generally on target with the Zero thesis, i still give it the lionshare of the odds also, only point here is that no Q stock, ever goes out without a few good squeezes.
we all know that when Club 33 sees this ticker start to flatline they give it a shot of electricity. it is likely to happen again before the end of June.
TP is very much respected here like your saying, flies the course rather than waving in the wind. ive seen many heads here on the board flip flop like politicians
glta place those bets. the boys are back in town
okay June 21 - 0.00 EPS loud and clear
the most boring pot stock in the market
[url][/url][tag]http://imgur.com/RUYCjN4[/tag]
however TP whiffed on his last call
envisioned the death walk from sub 05 to sub 04 to sub 03 to oblivion
this ticker jumped from the death bed at 040 to +08
now its building out support at just above 050
sometimes this stuff can be stranger than fiction
glta place your bets grasshoppers we'll have another jump or two
volume is toast - we spent all of our money
but now who is left to wake this up?
stating the implied conclusion
there is a lot of time left on this baggies, OR if they proceed with the as-is, many involved parties run significant risk of muddying up their nice suits.
the as-is plan is a text book example of a BK rush, very limited disclosure of relevant info, a lot of smoke and mirrors, hurry this through, don't worry about those numbers, sign on the dotted line and go.
the baggies will have another day in the sun. the 200k they are intending to raise could be better served on lotto tickets. the old commons have steep odds even if Nastasi and Partners pitch a perfect game
still a lot of time left on this
its not even 1 oclock bull flippers are still at lunch.
odds for the commons today still aren't favorable in vegas, but at the same time we also never got to 0.03 either. when the news breaks big action for sure.
glta very Very Well Played TP
the mega mastermind millions
get the Ad Hocs/ Shareholders approved in the D&O insurance deal.
investigate the bastards, cashing in on a multi-billion dollar insurance claim ---- cover the unsecureds, cover everyone else, and then cover the commons. congrats commons, got to hand it to you, you kept your faith in Nasty Nastasi.
https://www.law360.com/articles/932541/sunedison-seeks-ok-for-32m-d-o-insurance-deal
support broke keep shorting
appears to have no defense left
anticipate nothing until 3.0000
like this company and the sector
but damn this thing cannot break that 3.25 resistance
taking profit here and waiting for a re-entry at 2.95 before they report Q2
einsteins theory of relativity
BK status or not, this OTC is trading primarily on technicals, and on rare occasions on updates from the BK proceedings. continue to be a rollercoaster until commons are suspended, re-listed, or disappear
based on docket 3297 won't be happening anytime soon. glta
TODAY'S hearing as in 6/7
what i see on the grapevine is that the Ad Hoc (including both pre/post BKs who signed up) earned themselves a share in the D&O. Commons will not be cancelled anytime soon.
any news from today's hearing?
lot of consolidation today flippers are ready for a macro to move on
relative volume very healthy now see how much energy the shorts have left in em tomorrow
double support line near 3.70
insider buying at 3.70,
large buys observed in this week's session
will jump in at 3.75 on exit
best from yesterday
this guy earned himself one new follower.
gtla congrats commons
welcome back to the flippers
as empty keeps saying, long positions are not a very good idea. take advantage of elevated trading session prices and get out
choppy seas again tomorrow minnows
hearing and final determinations are not likely to be conclusive until tomorrow. most of the day spent squaring up the yieldco matters. we've got about 100x more eyes on this ticker than during the volume/price drought of months prior. welcome motorcity, gail, stocktrademan, stocky, tbone, et al
today's volume came in about right but my anticipation on % movement closed at a complete miss. we'll see about tomorrow. Another early AM rip could hold the line tomorrow.
0.095 is the technical ceiling, figuratively a dime. its going to be a fight for the baggies to make that quarter happen.
that was excavation work in the 005s and 004s
less than 3 mil total shares exchanged between 006 and 004
the plot is cleared square gravel is down now we pour at the foundation
were looking at 10 mil vol today alone might get that quarter afterall
somebody is pouring a concrete foundation 0.071
bid building is insane right now. lot of action up ahead in the 4th quarter of today's session
shorts already had their kicks to battle down the early momentum
where is this ticker tracked with technicals?
anybody have a good link where i can find RSI, MD averages, or any other relevant technicals? this thing looks like its got to be near an entry point
judge bernie is just getting through his first cup of joe
Nastasi and the shareholders equity committee haven't even got their mic check yet. still a long day ahead in here in court
who wants a quarter
some of you little fishies want to see a quarter.
who wants to swim in the wake
okay ill give you your damn quarter
can't believe the best pump we got all day is this dumbass bloomberg article about the late musician named Prince
noted June 21 earnings reporting
cant come soon enough, these low buys in the 2.30s have been nice but lets all be honest here. its time for some substantive updates from the corporate side. Long, PT 3.50 for the second half of the calendar year
institutional sentiment up almost 40%
welcome to the big show now little fishes. we've courted TP and the Club 33 players, now spin the wheel and place your bets
can anyone say nickel, dime, quarter? DOLLAR?!
Is SUNEQ the next Horsehead?
would have been a much better article. the AA vs SUNEQ comparison is off-base, however considering the Nastasi partners recent effort with Horsehead equity, and the favorable outcome for all parties involved secureds, non-sec, and equity.
it would be a much more reasonable comparison to make. as a prior comment noted, Nastasi and partners are big league here. if there are any odds left, its thanks to that legal team.
https://www.law360.com/articles/833596/horsehead-equity-holders-object-to-ch-11-plan-valuation
http://nastasipartners.com/representations.html
http://www.debtwire.com/info/2016/10/19/podcast-ancela-nastasi-equity-committee-formation-contests-wake-breitburn-energy-xxi-horsehead/
cryptocurrencies are eating AUY's lunch
the next wave of investors particularly the younger, technologists, the twitter traders, this huge class of investors doesn't really give a shit for gold. Gold is an antiquated hedge against fiat/geo-politics.
ton of money is flowing into cryptocurrencies, theyre viewed as a significantly more valuable, more liquid, less manipulated asset.
Bitcoin, Ethereum, Litecoin, XRP, the list goes for miles. Crypto in aggregate is approaching 100 billion in market cap. its going to keep growing, gold is walking a slow death. Gold and its mining, and legacy of worker's rights abuse and extreme environmental destruction are not helping either.
its an out of date asset. and for disclosure i hold about 5% in AUY, will be exiting completely when i get to break-even, that money will all be reapplied to cryptos.
get with the times gold bugs, go digital rather than analog
TerraForm Global, Inc. (NASDAQ:GLBL) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.
On May 26, 2017, TerraForm Global, Inc. (the Company), TerraForm
Global, LLC, TerraForm Global Brazil Holding B.V. and TERP GLBL
Brasil I Participacoes Ltda. (collectively, the TerraForm Global
Parties) entered into a Settlement Agreement and Mutual Release
(the Settlement Agreement) with Renova Energia, S.A. (Renova and,
together with the TerraForm Global Parties, the Parties).
The Settlement Agreement resolves all disputes among the Parties that
are the subject of an ongoing arbitration proceeding among the
Parties in the Center for Arbitration and Mediation of the
Chamber of Commerce Brazil-Canada (the Arbitration).
to the Settlement Agreement, the TerraForm Global Parties have
agreed to make a one-time settlement payment in the aggregate
amount of US $15.0 million, in exchange for and contingent on the
withdrawal with prejudice of all claims and counterclaims made in
the Arbitration and termination of the Arbitration.
In addition, 792,495 shares of Class A common stock of the Company issued to Renova and currently held in escrow to the acquisition agreements for the Salvador wind power plant acquired by a subsidiary of the Company will be returned to the Company.
None of the Parties has admitted to any wrongdoing or liability with respect to the claims asserted in the Arbitration. Subject to the satisfaction of certain conditions set forth in the Settlement Agreement
(including the purchase of Renovas shares of Class A common stock
of the Company by Orion US Holdings 1 L.P. described below), the
Parties have granted each other full releases with respect to any
claims arising in connection with the previously completed
acquisitions by subsidiaries of the Company of the Salvador and
Bahia wind power plants from Renova and all related transactions
and any other disputes that could arise in the future among the
Parties concerning or related in any way to such transactions and
events, which are the subject of the Arbitration.
Concurrently with the execution of the Settlement Agreement, the
Company and Orion US Holdings 1 L.P. (Parent), an affiliate of
Brookfield Asset Management Inc., entered into a letter agreement
(the Letter Agreement), to which Parent has agreed that upon the
later to occur of (i) the effective time as described in the
Settlement Agreement and (ii) the closing of the share purchase
contemplated by the PSA (as defined and described below), the
condition to the obligations of Parent and BRE GLBL Holdings,
Inc., a Delaware corporation and a wholly-owned subsidiary of
Parent (Merger Sub) to effect the merger set forth in Section
7.2(c) (Litigation Settlement) of the Agreement and Plan of
Merger, dated as of March 6, 2017, by and among the Company,
Parent and Merger Sub, solely with respect to Renovas claims in
the Arbitration, shall have been satisfied and the aggregate
payment made by the Company and its subsidiaries (net of any
amounts funded directly or indirectly by insurance proceeds)
under the Settlement Agreement in connection with the settlement
of Renovas claims in the Arbitration will be deemed to be zero.
The foregoing descriptions of the Settlement Agreement and the
Letter Agreement do not purport to be complete and are qualified
in their entirety by reference to the Settlement Agreement and
the Letter Agreement, copies of which are filed as Exhibits 10.1
and 10.2 to this Current Report on Form 8-K, respectively, and
incorporated herein by reference.
Item 8.01. Other Events.
Also concurrently with the execution of the Settlement Agreement,
Renova and Parent entered into a Purchase Sale Agreement (the
PSA), with respect to all of the shares of Class A common stock
of the Company owned by Renova (excluding the shares to be
released from escrow to the Company as described above).
To the terms of the PSA, Parent has agreed to purchase 19,535,004 shares
of Class A common stock of the Company from Renova for a purchase
price in cash of US $4.75 per share,
or US $92,791,269 in the aggregate. The consummation of the share
purchase contemplated by the PSA is subject to customary
conditions to closing and is conditioned upon the satisfaction of
certain conditions set forth in the Settlement Agreement
described above, including the effectiveness of the mutual
releases and release of the shares in escrow.
Item 9.01 Financial Statement and Exhibits.
(d) Exhibits
Exhibit No.
Description
10.1
Settlement Agreement and Mutual Release, dated as of
May 26, 2017, by and between TerraForm Global, Inc.,
TerraForm Global, LLC, TerraForm Global Brazil Holding
B.V., TERP GLBL Brasil I Participacoes Ltda. and Renova
Energia, S.A.
10.2
Letter Agreement, dated as of May 26, 2017, between
Orion US Holdings 1 L.P. and TerraForm Global, Inc.
About TerraForm Global, Inc. (NASDAQ:GLBL)
TerraForm Global, Inc. is a renewable energy company. The Company owns and operates clean energy power plants. The Company’s segments include Solar, Wind and Corporate. The Company serves a range of utility, commercial, industrial, residential and government customers through energy production with over 40 projects across approximately 70 sites in various markets.
The Company’s projects include Brakes, ESP Urja, Boshof, Silverstar Pavilion, NSM Sitara, Dunhuang, Salvador, Hanumanhatti, Focal, Alto Cielo, Witkop and others. The Company’s over 917 megawatts (MW) portfolio enables around the clock energy production.
The Company’s solar and wind projects are located across various regions, including Brazil, India, South Africa, China, Thailand, Malaysia and Uruguay. The Company is a subsidiary of SunEdison, Inc.
The Company’s subsidiaries include TerraForm Global, LLC and TerraForm Global Operating, LLC.
TerraForm Global, Inc. (NASDAQ:GLBL) Recent Trading Information
TerraForm Global, Inc. (NASDAQ:GLBL) closed its last trading session up +0.05 at 4.85 with 252,007 shares trading hands.
SUNEQ equity, the cargo cult of the sun
had some sort of timeline shift, now have a informally announced NDA call on the evening of June 1, which will report on latest developments.
Nastasi is still comfortable with the timeline, headway made, and the loose ends that can still be latched onto. Commons aren't dead yet, the odds are still unfavorable, but like they say. Life is Stranger than Fiction sometimes.
i don't see anything abnormal about SUNEQs receiving new equity, the market and volatility, geo-pol, bitcoin boom, flight capital, all sorts of peculiar events converging this summer.... why the hell not throw in a shot heard round the world by the SUNEQ ad-hoc equity group?
updating on the NDA/ equity tele-con,
its been delayed to June 1 at the earliest.
received contact from the email/ group contact
you need to have been invited,
call isn't open to everyone. only those parties allied with the SUNEQ Equity activists
if this is going to ZERO guaranteed
then why won't anyone fill my ask for Shares at 0.040?
congrats commons, we're getting ready to break inertia and move back toward a dime or a quarter
Time is on our side, congrats commons