Replies to post #13771 on Sunedison Inc. (fka SUNEQ)

[~Nautical~]

Wow... Possible B/K. This will get interesting

[Kallie]

Here is a clip from the oil and energy sector among others things are really ugly in the market right now pretty scary..,

"This is the highest year-to-date level we've seen since 2009 during the

financial crisis when there were 67 defaults," said Diane Vazza, head of

Standard & Poor's Global Fixed Income Research. "Of the 40 defaulting issuers

so far in 2016, 14 are from the oil and gas sector and eight are from the

metals, mining, and steel sector; together, they account for more than half of

all global defaulters."

[Fangster]

Why would market lose it's mind? Sune is priced for it now... There are much better solar companies out there ready to pick up whatever necessary. No doubt about this.

Nonetheless, as poorly as this once 10 billion company has been managed, BK is never good so hope it can be avoided.