Your dad should take over SUNE... then maybe when it's 10 it will go to 70. That would be great from a one dolla holla. Right now SUNE is a run away train, the lights are on, but nobody's home, and there is not even a nut, behind the wheel.
SunEdison (NYSE: SUNE) disclosed the following on Thursday:
Effective January 14, 2016, Mr. Francisco “Pancho” Perez Gundin has separated from employment at SunEdison, Inc. (the “Company”) and no longer acts as Executive Vice President and Chief Operating Officer of the Company. Fears about whether Sunedison Inc (SUNE) has adequate liquidity are mounting as a hearing on the lawsuit filed by Appaloosa has been set for next month.
General market conditions are down too.
Options with a price of 0.50 existed, now bumped to $1.00...
I'm NOT short, I'm long so don't bother attacking me... $5.50, $4.34, $3.50, order in for $2.00 etc, etc, but I do have two orders in for $1.00 to increase my holdings by 1,500% in anticipation of a great February institutional bounce ! One good reason is shorts are not covering at this level.
Short Interest (Shares Short) 109,928,600
Short Percent of Float 43.12 %
Maybe the hedge funds want to buy SUNE for a one dolla holla too. Current daily chart could go either way. Maybe I'll buy some more today. One thing is for sure, all the sellers, whom wrote losses off their taxes, will be able to buy back in February 1st. Perhaps next month will provide the elevator ride, to elevate share prices, back to valuation !!!
Good Luck To All... $$ SUNE $$
