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SunPower Corporation Message Board

  • lakers_w lakers_w May 17, 2010 3:00 PM Flag

    Dow Jones stages a huge comeback, maybe in green today

    Dow Jones stages a huge comeback, down only 49 pts, maybe in green today. SPWRA is following, going higher.

    Don't forget about CYP the original owner of SunPower before spinning it off in an IPO. The IPO price was $28 much higher than the current $12.10. It's too tempting for them to invest in SunPower again considering the 2010 full year $2.25 B rev and $1.65 EPS were reaffirmed last week.

    CYP could easily take SunPower private at a premium (doubling the $12 price), then spin it off again thereby cashing the ATM twice.

    Alternatively, hedge fund like Blackstone could buy out SunPower, let it run untill 2011 when SunPower's transition to UPP and RnC complete, then take it IPO again.

    Solar industry is U.S. national security. It will prosper with the new Energy bill by John Kerry and Joe L.

37.97+0.60(+1.61%)Aug 20 4:00 PMEDT

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