Sunedison Inc. (fka SUNEQ)

[mds3579]

why David Einhorns would do this if he knew that this company is dead. Did you forget about this or do not know about this ?


http://www.insidermonkey.com/blog/billionaire-david-einhorns-investor-letter-2-new-picks-and-other-holdings-447170/


#4 Sunedison Inc (OTCMKTS:SUNEQ)’s dent in the portfolio

The collapse of the developer and seller of photovoltaic energy solutions from $5.09 at the start of January to $0.54 at the end of March has been hard for Greenlight to bear. The fund managed to negotiate the addition of an independent director, Claire Gogel, a former executive of Greenlight, to the company’s board. However, Sunedison Inc (OTCMKTS:SUNEQ)’s bankruptcy ship laden with unsustainable amounts of debt had already sailed. According to a 13D filing last month, Greenlight held about 11.33 million shares of Sunedison, which amass about 2.8% of the company’s outstanding stock (see details). Both Ray Carroll‘s Breton Hill Capital and Beech Hill Partners, which is managed by Paul Cantor, Joseph Weiss and Will Wurm disposed of their entire Sunedison Inc (OTCMKTS:SUNEQ) holdings during the first quarter.