I printed your earlier "analysis" before you edited it out and totally disagree with your assessment. SUNE's failure can be attributed solely to consistently poor operating cash flow and management's misuse of all the debt and equity they raised last year to go on a buying binge instead of using the funds to finish uncompleted projects. Wall Street may be quick to raise capital, and lots of it, to reward promising companies but they are equally quick to punish those companies that don't deliver on their promises. Focusing on the Balance Sheet to make investment decisions is a mistake made by novices. The success of a company is driven by its organic Cash Flows and Income Statement.
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