I agree Heather, this deal falling apart was actually a good thing IMO too for SUNE....
I have heard Kramer way in on SUNE several times. He has stated repeatedly that is SUNE can weather out the failed deal, and if SUNE can clean house a bit, force the massive 1/3rd short position to cover, then SUNE has a serious shot at a major run back up, but he continues to say he is not ready to make that call yet
I totally agree with him, this deal falling apart does nothing but help SUNE get out of a horrible deal, and sets them up for future deals.
I am semi long here and I do feel that SUNE has a serious shot at $16 dollar range in the upcoming Q's, not any time in the next few weeks/months, but we could see a serious reversal start and march back up by EOY...
JMHO
(Trust ME, I would not lie to YOU!!!) ;-0)
(Trust ME, I would not lie to YOU!!!) ;-0)
