Sunedison Inc. (fka SUNEQ)

[Hugodrax]

I never said that the docket has "verbiage" that equity is being cancelled (although the judge using the word "hopeless" should be a nice hint for you).

What IS in the docket is enough DATA and INFORMATION to easily CALCULATE that the equity is worthless.

As for the bond market my point is:

A) if equity gets and recovery, by definition ALL of the bonds are paid off IN FULL

B) the senior bonds trade at 3% of par.

Therefore all of the hedge funds, the entire bond market, and all of the distressed debt investors out there that specialize in this stuff are just leaving a 33X opportunity on the table. THATs relevant to the equity.

Lol!