Suntech Power Holdings Co., Ltd.(fka STPFQ)

[glenrice67]

This is just a shell with no assets. This stock has no connection whatsoever to the actual company. The assets that existed were sold and the cash received was $100 million less than what was owed bondholders. That means bondholders are going to take a haircut and equity holders will get zero.

You see this from time to time with big companies like Blockbuster, General Motors, etc where the shell continues to trade even though it has no value and it eventually trickles down to zero and stops trading. There is a 100% chance it will happen with this stock.

This is a pump. I have no idea how high it goes but I can say with certainty, it will descend down to zero soon enough. A s you will notice the people who are posting about how great this is just created accounts. I won't speculate who they are. I will reiterate that this shell has ZERO value. ZERO point ZERO.