Sunedison Inc. (fka SUNEQ)

[RainerRocks]

READ THIS AND HOLD YOUR SHARES !


Sunedison Inc (NYSE:SUNE)’s shareholders are all smiles this morning, as the stock has surged by as much as 12% during the first hours of trading after the company announced a deal with Ontario’s Independent Electricity System Operator to supply 5 MW/20 MWh of energy storage. The stock has recently received some positive reviews from analysts at Deutsche Bank and Bank of America, who reiterated their ‘Buy’ ratings last Thursday. Deutsche Bank set a price target of $9 per share, while analysts at BofA have reduced their expectations to $12 per share, from the previous target of $15 per share.



Sunedison Inc (NYSE:SUNE)’s appeal to hedge fund managers cooled off during the quarter, with the number of long positions decreasing to 73 from 93 at the end of June. David Gallo seems to be confident the stock is poised for a rally and has used the opportunity to load up on a dip. His fund, Valinor Management, reportedly holds 15.6 million shares, up by 231% from the end of June, valued at $111 million.

http://www.insidermonkey.com/blog/why-are-walt-disney-co-dis-and-sunedison-inc-sune-among-todays-top-gainers-403225/