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Don't know how to read the tea leaves on this one
If Greenlight has a seat on the board, they know the whole story. If BK, the stock tanks and their loss is curtailed....insider info?
If Greenlight sold out 60% of its holdings and disclosed the trades, some of which executed today, is the proper assumption that they will hold their balance or a signal that it continues in coming sessions? If they are holding, why?
Did not buy 400k or even 1 share....he can't he's subject to the blackout. Read past the numbers...he got options to buy and shares that he will receive. This will be over a few years. He didn't spent a penny...it's simply the required disclosure of an executives stock compensation as part of his contract. It means NOTHING!
If, Ifs and buts were candy and nuts, then everyday would be Christmas. Let's wait and see what happens on May 1 Mr/Ms Glassishalfempty
This sector is so dependant on factors beyond their control, ie oil prices, general geopolitical atmosphere and the competition. If they are on track to NOT BK, and deny rumors, then for reasons beyond their control, it does occur....can you imagine the law suits??? The company has neither confirmed or denied, however do put out info as available. The sale of assets, if it in fact happens in a non BK status, then I don't see how BK occurs...jmo
The CFO DID NOT purchase 400K shares. If he did, he would be in violation of the blackout. Read the release...no money change hands. This is what he will be able to purchase and acquire via options over the next few years. Many are frustrated with what's going on, the last we need is inaccurate info. This was a disclosure, which is required by a public company within a certain time to avoid other violations.....not my opinion, FACT for readers
Did not buy them....no money changed hands, he has NO shares today...he's subject to the blackout.....this was disclosure of part of his hire contract....READ and show me where he has phisical shares....merely a promise....could likely be worthless shortly.
If this does not go BK, you better have your apology notes ready. I do admire your unwavering support, but am beginning to question it
Thanks Captain Edward John Smith...I want to be wrong, believe me.
AH price falling like BK coming?
This stock and no other that I can think of mounts the kind of immediate response that some on this board have suggested. The fall from grace can be precipitous and immediate, but resurrection is not that way....please show me one that has and sustained it and I will stand corrected. If this does not go BK there will undoubtedly be a jump,but realize .40 to.80 is 100% increase....that would be huge. Sustained growth comes after proven resolution of problems. We don't know what they are going to say in the 10K, but I don't think anyone expects them to say this was just a big misunderstanding.....they have liquidity problems or they wouldn't be trying to peddle assets. Keep your expectations reasonable, or huge dissapointment will follow.
That's not a 50 bagger and it's a penny stock....how about a real stock?
Could you please name a 50 bagger that went overnight...don't need tall tales now. Just 1 please
The presence of Skadden is not good IMO. They specialize in restructuring in BK...not saying that's all they do, but since no one knows for certain, we need to be realistic. And all that think that good news launches this over$1.00, I need some of what you've been smoking. Good news will bring a bit of a jump, followed by a steady rise, so there is time to watch and see. Any news that comes out, is likely to occur even post AH, so stop losses may not limit loss. Just saying, be prepared.
That is Dec/31/15 filing. In all likelihood, very little remains there as a result of triggered sale.
It will stay here til 10k...if BK, hello single pennies....period
Disagree, there is no way to know the Staub TODAY of institutional holdings. I suspect the very high volumes over the last 6-8 trading sessions are largely flippers. The remainder is probably largely made of institutional rebalancing of accounts...jmo
There isn't a reliable way to know contemporary buying of institutions. Best data I find is 3-5 weeks old and means nothing.
I have a position made purely of profits. Am watching close....if good news then buy more, even a bit higher price in exchange for confidence in status. At best this remains a VERY risky play.
Nothing happens til 10K...about the tightest sideways trading I've ever seen! Tells me, no one's knows for certain what will happen. 10K hits and it's busting up or just busting. Take some tums and hold your bets...jmho
Lol...common sense and reason, if it deviates from the MOB mentality...that dog will bite you!
Where is 10K....blackout ends with release of 10k
JMO ...this is a peek at the new CFO'S contract (public companies have to release this stuff). Options and shares are part of his compensation package. Further they are tiered as far as acquisition over a several year period. No funds have changed hands. Most importantly, he is subject to the blackout. Nothing says that he doesn't get a contract, but he can't phisixally acquire any equity stake at this time. Means NOTHING with respect to BK. From my perspective it's no signal of anything....he's a new hire in the head she'd and as stock holders we have the right to know what he will,POTENTIALLY get in exchange for his efforts. If SUN declares BK, the he will be able to buy shares at .36...next year. I'm guessing he'll pads if BK
Mike, I'm certainly hoping the same. Realize that it means nothing in the calculus of BK IMHO. New head shed appointments have walked their new employers through BK before.
my bad, someone had posted a video on shorting stocks by Jim Cramer...my bad, long day
lots of talk of naked shorting (more that usual). It is illegal,and we all better hope its not happening. Would hate to see us lose everything due to an indefinite halt of trading. There are plenty of shenanigans that occur within the letter of legality, but naked shorting, if caught would harm everyone. The Kramer video nailed it best IMO
Forgive my ignorance, but I don't connect this dot to SUNE. Einhorn is a big SUNE player, but also has his hedge fund. How is it that we know that this is earmarked for SUNE? by date filed? Einhorn's name? A large sum of cash? Someone help me with this one please
The fact that so many are passionately long make me feel good. I flipped, took my money and left profits on this lotto ticket, long. These are the only FACTS I know.
1. Rothschild trustee is in....they look for ways to restructure debt, including BK, FACT
2. Due to auditing issues books needed to be looked at again (thus far NO MATERIAL PROBLEMS HAVE BEEN IDENTIFIED), resulting in 2 delays on 10K.. FACT
3. Evidence of delivery problems,
Cancelation of HECO contract, with POSSIBLE DIP situation with DE Shaw.
Quest to sell assets in India.
...and others
...FACT
Most of what else that has come out is conjecture based on historical knowledge of what these tea leaves portend, and reliance on unnamed sources. The lawsuits may be legitimate or just smoke screens to advance a yet to be identified agenda.
All these need to be worked into anyone's outcome analysis/prediction.
I really want to know what the current institutional holdings are. The last reporting is from 31/Dec. I think everyone here would agree that those numbers have changed, and would be a great indicator of what lies ahead, but that too won't come out til 10K is released.
I agree, but what if the revelation is true?
Just another thought with respect to asset value. As SUNE works to peddle assets and/or potentially gain additional financing, there have to be frank discussions regarding the potential BK status; a reasonable part of buyers or lenders DD. Do we think they get favorable valuation and lending terms with revelation of BK potential? Just something to add to everyone's algorithm in trying to figure next announcement.
Thanks for acknowledging that it's your "bet" and not necessarily fact.
If this is in fact a cash infusion he isn't doing it for common stock holders, it's being done for his hedge fund members. What ever serves THEM best is what the outcome will be. What happens to common stock holders is merely a side effect. I'm not wise enough to presume the intent if this is a real maneuver, because it's not fully disclosed. It's a gamble, don't think this is a sure thing. As I said before, when this finally is open for public inspection, it will be evident that no one's prediction was 100% correct. Everyone needs to guess what their own percentage will be. As always, JMHO
Would be nice, but the answer lies in what benefits the big stakeholders the most. Half the folks on this board could be zipped out or do very well. I don't think anyone can have any certainty either way. The likelihood of BK is very real. I believe the actual outcome will be a hybrid of the many scenarios presented and all will be a bit surprised....not a simple situation, not a simple outcome.
I think SUNE met the flash point of being leveraged to the hilt while being unable to deliver on time lines as planned/contracted for (HECO for example). This met with an economic down turn via oil prices falling has made things worse. The accounting is entangled with the yieldcos in a fashion that has required a complete overhaul. All players have hedge fund seats on their respective boards to permit leakage of some info (in a manner that walks a tightrope of ethicality). Media outlets begin to synthesize likely outcomes of the situation, quoting "reliable sources"...and the feeding frenzy ensues. The truths are where assets appear to be high, debt obligations nearly wipe it out. The question for me is are the heavy holders (hedgies) better off with BK, restructure,or buyout, and most importantly, which gives them their pound of flesh quickest. JMHO
Recognize you from SSRI and CDE. Good to see you here
More old news
all that means is that other companies will fail too. anyone doing more than day trading in this unknown info environment is gambling....in an uneducated fashion....jmho
Communications are a big part of her skill set. Would love for her to be the bearer of excellent news. Would submit that a pig with lipstick could effectively put out good news. The amount of ANY news put out, directly from the company would rival an ant's fart in volume. Putting out BAD NEWS to minimize collateral damage takes a defined talent. We will all know soon enough, what the truth is.....imho.
Just looking at the penny from the other side......what if the new SVP isn't there for the great things happening moving forward, but rather how to officially move through upcoming BAD news and to mitigate problems or missteps through various upcoming "ANNOUNCEMENTS"? Could read this appointment either way.