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I don't think we will see .10's anymore but we will probably see .20's again before going any higher
The RSI is really high right now so I agree with you but I haven't sold yet. I might in a couple of hours before the close
Suneq will pull back a little to fill up the gaps before the next leg up
What a nice bounce! Something is up and I'm excited to be part of it.
Her comes the next leg up!
Need to fill that gap from yesterday before moving higher. Need a lot of patience with this stock
Going to hold to at least $1
Moving up pretty fast. Loving it!
I'm ready to load if it goes to $10.
Couldn't help myself but picked up some more to average down.
$2 will be very nice
Right now, it looks like SunEdison is looking to raise as much cash as possible to exit bankruptcy. The company is now in negotiations with hedge fund DE Shaw over its 150 MW Californian solar plant. The price looks to be around $80 million. SunEdison is also selling the rights to the King Pine Wind project in Maine to Pattern Energy. SunEdison expects to get about $26.5 million for this project.
http://www.insiderfinancial.com/progress-being-made-on-sunedison-inc-otcmktssuneq/116316/
Awesome!
Overview
On April 21, 2016, SunEdison and certain of its domestic and international subsidiaries filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court in the Southern District of New York. The court process will allow SunEdison to right-size its balance sheet and reduce its debt, providing the opportunity to support the business going forward while focusing on core strengths.
SunEdison’s publicly-traded yieldcos, TerraForm Power (NASDAQ: TERP) and TerraForm Global (NASDAQ: GLBL), are not part of the filing.
SunEdison anticipates that work will proceed as planned on all ongoing projects, both in the U.S. and elsewhere. The chapter 11 filing is at the corporate level and the Company is working to minimize the impact to work at our subsidiaries and the project level.
Of note to global stakeholders: SunEdison has filed its restructuring under chapter 11 of the U.S. Bankruptcy Code. A bankruptcy filing under chapter 11 (a chapter of title 11 of the United States Code) permits SunEdison’s reorganization under court supervision while the Company continues to operate in the ordinary course, consistent with the agreement reached with its debtor-in-possession lenders, in order to maximize value for all stakeholders. SunEdison’s management will remain in control of its day-to-day business operations and its assets will be subject to the court’s jurisdiction.
Additional information—including press releases and stakeholder-specific letters and frequently asked questions (FAQs)—may be accessed using the tabs below.
Additional Resources
In addition to this restructuring information page, you can call the restructuring information line or visit the claims agent website to assist with the claims process and answer any questions you may have.
Restructuring Information Line
1 (855) 388-4575 (Toll-free)
1 (646) 795-6966 (Outside the U.S. and Canada)
sunedisoninfo@primeclerk.com
Claims Agent Website
cases.primeclerk.com/sunedison
(Includes e-mail contact form)
http://www.restructuringupdates.com
This will probably carry over to Friday. Looking good
Got some of those 12's as well. Nice bounce back to the green today.
SunEdison Inc (OTCMKTS:SUNEQ) may have buyers for its Australian operations. The bankrupt solar firm’s assets in Australia have remained under the radar since April. With 75 staff members at its operations in the Land Down Under, SunEdison may be getting buyers very soon.
https://www.google.com/amp/s/learnbonds.com/129763/sunedison-inc-suneq-buyers-australia-assets/amp/?client=safari#
Nice bounce!
Volume is coming back. Investors are coming back and we will see it going into the .20's anytime soon. No more teens soon.
SunEdison Receives Final Bankruptcy Court Approval of Debtor-In-Possession Financing
BY PR NEWSWIRE — 8:00 AM ET
, /PRNewswire/ -- said today that it has received final approval of debtor-in-possession (DIP) financing in the form of new capital totaling up to provided by a consortium of first and second lien lenders. These financial resources will be made available to the Company under the terms of the DIP Credit Agreement to support its continuing business operations, minimize disruption to its worldwide projects and partnerships, and make necessary operational changes.
BRIEF-SunEdison receives final bankruptcy court approval of debtor-in-possession financing
BY REUTERS — 8:22 AM ET
June 10 (Reuters) - SunEdison Inc (SUNEQ) :
* Received final bankruptcy court approval of debtor-in-possession (DIP) financing in form of new capital totaling up to $300 million
India's Adani eyes SunEdison's Indian solar assets - CEO
BY REUTERS — 51 MINUTES AGO
MUMBAI, June 10 (Reuters) - Indian conglomerate Adani Group is considering a bid for SunEdison's (SUNEQ) Indian solar assets, the chief executive officer for the group's renewable energy arm said on Friday.
Let see the .20's today.
The company is trading at a discount to the value of its operating assets, Vishal Shah said in a research note Friday. He upgraded the shares to buy from hold and raised his price target to $7.50. U.S. residential solar demand is strong
http://www.newsismoney.com/2016/05/30/sunedison-inc-otcmktssuneq-latest-news-update-27-may-2016-friday/
I think that wall will be push up higher for next week.
We are starting to move higher. Almost 9% already.
It would be nice to see $1 by end of year. That would be a very nice Christmas gift.
After several objections from creditors, SunEdison has secured a deal to receive a $1.34 billion loan. These much needed funds were part of talks for four days. The money will help the firm maintain its global operations during the bankruptcy proceedings.
http://learnbonds.com/128970/sunedison-has-funding-operate-bankruptcy/
Strong close today
Trying to go GRREN!
Are we going to see .20 again? Someone is keeping this down.
Locked and loaded. Waiting for that .80
Give me my .40 than bounce back up
Put in another buy order at .40. Give me those shares!
They are staring to communicate to investors more which is a good sign that they care.
Going to close at HOD and we are off to $1
More GREEN days ahead!
This will be back testing $2 next week
Picked up some more today.
There are so many support at $2. We might be in for a nice run next week