Replies to post #31174 on Sunedison Inc. (fka SUNEQ)

[Emptyhead]

Well, this is where you took the wrong turn. In assuming the debts outweigh the assets you can not see the value. But imagine if the debts did not outweigh the assets.

[Handyman4545]

Dude.
What you apparently don't get is this.

There is no crystal ball.
Neither you nor I KNOW what Sun is going to do after the chapter 11.
That's why they call it "speculation".

I'm not saying they WILL emerge intact and go back into business with a share price of such and such.
I'm saying all evidence available at the moment, indicates that there is still a good probability that they will.

Chapter 11 of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time or liquidate or raise assets for same. People in business or individuals can also seek relief in chapter 11.

You on the other hand, have stated unequivocally that they are going out of business based exclusively on the fact that they sold most (not all) of their assets.
What I'd like to know is how you determined that Sun is definitely going out of business?

Looks to me like they are raising enough capitol by selling assets and merging subco's to manage their debt and continue in business at a lesser scale.

Why am I wrong and you right?