Replies to post #31095 on Sunedison Inc. (fka SUNEQ)

[Fangster]

Well said! So the bonds are now at 3% of par. Down 50% from say a month ago. Peeps here also forget the preferred shares...

[Handyman4545]

All the math you need to know

But that's not the point.
We all understand that SUNE is bankrupt.
We even understand why.
The point here, is that after they pay down the debt and assuming that they continue in the same business with the same direction BUT BETTER UNDERSTANDING from past failures, SUNE's inherent value should rise again.

SUNE had past maxes in the $90's.
Maybe they never make that peak again but I'd be happy to see $10 or $20 myself.
Seems reasonable for what they do and who runs the company doesn't it?

For all intents and purposes, you're banking on a new company dealing in a much needed technology with far greater experience than most "new" companies with a potential profit debt margin weighing greater on the profit side that debt.

So long as they don't dissolve the existing shares, still seems to me to be a sound hold and possibly big buy to dilute any loss if they only rebound to $20.