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Never said it was impossible, but I don't believe its going to happen here. I also bought GGP in the .60 range when it crashed in 2009 I let people tell me they weren't coming back and after 2 months sold in the .70 range I am not listening to people again.
"I am thrilled to join Ahmad and the team at SunEdison," said Ilan Daskal, SunEdison's newly appointed chief financial officer designee. "I am excited about the long-term prospects of the company and the renewable energy industry."
Mr. Daskal holds a Bachelor of Business degree in Accounting from Tel-Aviv College of Management, Israel and a Master of Science degree in Finance from the City University of New York.
Now I am heading for work in a few minutes and I am not worried anymore.
It doesn't take a rocket scientist to figure that out. We knew people were going to be replaced, people try and twist it all around. Others are waiting for the 10k to buy. I am already in and waiting this one out not going anywhere
Do companies going BK hire new CFO's? Or am I missing something?
the largest global renewable energy development company, today announced that Ilan Daskal has been appointed chief financial officer designee and executive vice president, effective upon his start with the company, no later than April 4, 2016. Brian Wuebbels will remain SunEdison's chief financial officer until Daskal and SunEdison agree to remove the designee title.
This was 3 days ago a post from you dubs please explain where you get such news..,
Not again! This co is not going BK! God I am sick of hearing this they are restructuring and btw yesterday you said it was happening today before you disappeared.
Sixty years in business huge company new jobs starting and you claim BK
I think it might be the last headline that is confusing if you don't read it through. They aren't seeing news we have a new CFO
*UPDATE: SunEdison Ilan Daskal Resigns As CFO To Focus Efforts As CEO Of TerraForm Power And TerraFrom Global
Benzinga
He went to TerraForm and the head line reads that way people are not reading it through. Maybe thats why the price is down not sure why hes going there seems strange. We have a new CFO hopefully he can get the financial structure on track and the others can get the rest together and we will be golden here
OB you will be very sorry this is not going to happen and you are going to get caught people are watching right now. I do mean a lot of people are watching this.., sit back and watch what happens once confirmation is made enough people waiting to soak up all the shares this isn't the only group around. Just glad I didn't get out today because of the other short one on this. Now go on and dream and you and your buddies sit and wait for .50 and 1.00 will make me very happy short squeezes are real nice.
Might as well contact them he won't contact you. I had this a while back r/s I still hold shares 39 is all that is left. I saw it up 100% today and figured someones trying to move it, wish it would disappear off my account i hate looking at it. Franks a POS, Where is Ernest? he was always here warning people for over 5 years I haven't been around in a while he must have gave up i didn't think he'd ever go away
Thats true I am looking at 10 day chart we are sitting on the 10 dma with trend lines we are almost at a point the wedge is tight it is time for it to go. I gave up on the daily chart :) but 10 day its ready to break out one way or another. Thanks everyone all of the good words. Calmed me down that guy scared me but I didn't sell
I hear ya, I bought CHK got scared sold for a .10 loss the next day boom ran from the 2.20 I sold at to over 6.00. I bought ETE sold it with a decent profit and put it all in here it went to over 8.00 afterwards I sold at 7.10 this was over the past month and here I sit red I hate that color. I have been a wreck ever since. God I hope its worth the gray hairs its gave me lol!
Level 2 I can just tell wish I could put it into words. News of any kind kicks it but it soon falls back no stability here at all. I have been trying to understand I have never been in a stock going through all of the things they are going through. I thought maybe thats the problem people are scared of whats ahead, which leads me to the question who would short this? Maybe the guy who told us all to sell at 1.80
You're right. This is a scary stock to leave unattended.., I go to work it runs I get home its below opening. I see what people mean not a warm fuzzy feeling at all.
I watch someone sell everyday after the bell it might show as buys I just don't know. Someone told me a gap up is selling and it will fall back that is why gaps fill this from a economic professor makes sense. I look at the chart for SUNE and it is bizarre bong up over crash down side ways its really strange. Well I work tomorrow maybe it will run :) Good Luck to us all here hope next week is a good one for us.
Thats true, I just got that e-mail I posted and posted the link with it. Looks like it was from earlier today but just came through to my e-mail
Summary
•SunEdison has a $750 million committed Letter of Credit Facility with $716 million in LCs outstanding at September 30, 2015.
•The LC Facility has a Consolidated Leverage Ratio Covenant of 3x that SUNE must pass on an LTM basis December, 31, 2015 and March 31, 2016.
•Based on the definition of Consolidated Funded Indebtedness, SUNE would need between $380 million and $450 million in LTM EBITDA to pass on March 31st.
•Credit Facility Cash Collateralization Requirements, Liquidity Amounts, and Non Performance LC Cap are restricting SunEdison's development and operating flexibility.
•Lack of access to the capital markets and liquidity constraints will force SUNE to dramatically reduce 2016 forecasts from the January Business Update.
http://seekingalpha.com/article/3957467-sunedisons-next-hurdle-defaulting-lc-credit-facility?auth_param=1cvl1i:1be3l2s:83cf31d88c1ae9303a4ed760d615f77a&uprof=45&dr=1
Well the timing was terrible, I had just e-mailed someone about it before lunch, and then this with no explanation quiet a bomb to drop and then leave everyone hanging.
I saw the higher short position on it and thought it was good until I started thinking and realized this makes sense with the trading pattern here level 2 always looks strange, only one day I watched it trade normal. God I hope theres no truth to it. I hate this stock no communication about anything and God only knows there is enough bad we need some word from them.
Is this for sure? Tomorrow?
I sent an e-mail to a friend asking what he thought. Told him I thought with the hedge funds we have in this that they must be the ones shorting this especially since short position went up over 8% from Feb 15 to Feb 29th. Haven't heard back yet but something stinks here this is why no one is buying in imo. It trades like a penny too and we all know what they do. Still holding but have a sick feeling
I never said the company front loaded just some scum that are robbing people, petty small stuff this has nothing to do with the company if thats what it is. Just the fact people are buying while they sell what they bought for .0001 and the people are paying .0007 pretty good profit for front loaders :)
I am not clueless at all I know exactly what I am talking about. I am telling the truth and hope maybe I can save some their money on this junk and thats what these stocks are
Go to TDAmeritrade
Dec 14th 2.35 million 15th 2.03 million 21st 10,000 23rd 1.90 million 28th 9.90 million 30th 100,000
Jan. 7th 1.60 million 8th 991.000 11th 1.28 million that is just a start if you go to charts and go across the volume you will see this is always carefully planned out and very.., sad what people do to others, makes me sick and all these boards with people sitting waiting to try and get out after they get stuck holding the bag. This is front loaded big time little by little. Oh well blind people block me guess they prefer to learn the hard way
This stock trades exactly like penny stocks do, my nerves are about done here. Some words from the company would sure be nice. I thought we had some back up with new people and getting this on the right track but damn let us know something. Very disappointing to say the least.
I understand they are busy but 10 minutes to let us know something people are afraid to buy this right now and I don't blame them.
I hate these pennies, people front load pump it up so they can sell and leave people holding a worthless bag. There is nothing to this at all. I learned the hard way years ago. The chart shows whats been done here some shares sold under .0001 Mid January the rest has been loaded at .0001 now they get the board on top list of most posted and they suck bag holders in and then on to the next Watch Out!!
I believe they are looking at the bad news and rumors they are not looking beneath the negatives, which IMO are actually positives. Good for us because they should make it pop harder.
Short is up as of 2/29
SunEdison, Inc. SUNE up to 106,648,778
From 98,680,091 2 days to cover
They will be sorry :)
link
http://www.wsj.com/mdc/public/page/2_3062-shtnyse_S-listing.html
Thank you, Yes I can breath now this stock is making me motion sick :) Still red should not have averaged up I chased and I know better.
You can bet I will set sells before work next week! I know we will have answers within 10 days too many people are uncertain so they are watching. News today I see progress and know we will be fine this thing flies with news of any kind. Now last night I was flipping don't want to go that low again was nice to wake up to green for a change.
Actually I bought last week so my average is slightly higher but I believe this is going to be a great play more so for the ones who got in for less. I feel for the ones who got in way back they should be ok in a month or so just my opinion. Loved level 2 today was solid trading shorts and day traders were standing back things are about to get crazy and they obviously know it.
Yes! Many people trying to buy at 1.75 I take this as a good sign. Level 2 looks great looks like we are going to have a great week ahead. 30 more minutes and the bid is still building. Feeling much relief right now
195,000 sitting on the bid and only 73,000 on the ask we are doing good today. keeps changing but so many on the bid is nice to see for a change
I bought in at 1.67 and added like a fool at 2.39 so my average is 2.13 but its all going to be okay I like seeing level 2 holding up so well. Sorry but I hope it stays up :) It really is tough I have to work all next week and I cannot have internet where I work makes it tough
People buying on Friday is a good thing bid rising ask lowering good sign so far
135,000 on bid @ 1.75 and 43,000 sell @ 1.76 The bid is strong if we hold here and get some more good news next week we are set
Now they post another news feed again trying to put a negative spin on this when its positive
*SunEdison and TerraForm Power Announce Settlement and Termination of Latin America Power Acquisition, Will Include $28.5M Payment By SunEdison To Latin America Power Holding
Benzinga
They are relentless but its not working its not tanking the selling has slowed and the bids are growing telling me people want in now I do hope I am right want us all to make money
One of the stocks I have been watching filed an ext on their 10k and are up 104% in fact I have seen several file the same ext. Things are good here and with the settlement today I think people are realizing we aren't going into BK the selling should lighten up all of this is MO and God I hope I'm right.
Level 2 is looking really good nice trading today, I like the way its holding so far nice bid support
I would love to see it hold here, any real good news this thing will go crazy. Good financials VSLR out of the way there is no telling where this will go and these aren't the shorts day traders are here. Shorts on this is over 6% when this runs should have a short squeeze too.
Look what it does with any news real good news this won't come back down. This is a major corporation I really expect a surprise with earnings hope I am right.
This is what the deal did to SUNE.., from an article 10/20/15
Its share plunged from $31.66 on July 17, near the shares' high this year, to just under $14 on Aug. 11. And Sun Edison's shares have continued to drop. Through mid-afternoon trading Monday, they stood at $8.88. Once this deal is off the table we are golden. I am hanging in there got some more funds to day trade with. Good Luck to us all!!
VSLR was in trouble before the merger they were never going to sue in Oct post a link to that because they were not suppose to close till the first quarter this year not in OCT. Especially since VSLR just had a vote on the merger and yet 4 months earlier they were going sue and took it to the court! Furthermore there was not a sign this would not happen on Feb 19th in fact the 26th they voted yes for the merger, please post links to everything listed below because I cannot find it anywhere.
Thank you, trying to keep calm can't panic. I know it will be good one day soon
Big problem is that company is not in the best shape financially and the debt will follow it