InvestorsHub Logo
Followers 7
Posts 639
Boards Moderated 0
Alias Born 11/05/2014

Re: BayTrader280 post# 27412

Thursday, 09/08/2016 1:18:19 PM

Thursday, September 08, 2016 1:18:19 PM

Post# of 36208
I think at this point it's important to remeber why they filed bk. It was voluntary and for liquidity reasons. So I think your numbers, where ever you got them from, are wrong. When they say they have 6.3 billion in equity I believe them. And right now its about cashflow. Thats where the new 8k comes in. They project to be cash flow positive by mid november. And if terp bond holders settled I dont see why suneq bondholders wont settle. A lot of sune's "enemies" have settled. De shaw recently by cancelling a deal where sune owed them assets. Glbl and terp working with sune to help it out. Vslr has already settled ina way and wants to help sune by just liquidating its claim so when they restructure they have no unknowns. They have the supply and the demand is there so we just need to see how long this goes.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.