Tue, Sep 30, 2014, 6:05 AM EDT - U.S. Markets open in 3 hrs 25 mins


% | $
Quotes you view appear here for quick access.

SunPower Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • corgiwolf corgiwolf Apr 29, 2011 8:11 PM Flag

    SPWRA/Total deal is horrible

    I'm ambivalent about this buyout. Bought all the way down (originally in at 28-30) because I've believed in this company, finally got my average share price to ~16, so in theory this should be a windfall.

    I agree it's prudent to sell some at near-price, I got burned by a buyout that didn't go through once (& the waiting is costly - Better 23 today than 23.25 later).

    But in this case, it reads like a done deal (not that we'd necessarily know now of a party or government liable to nix it), and it hasn't come close enough to the tender price to be tempting.

    Is anyone clear on our standing? If it goes through, do we all wind up having to tender all our shares? Will Sunpower continue to be traded, or is the goal to go private, with the other 40% held by a few major shareholders?.

    Though I trade a bit on ups & downs, I'd planned to hold most of my SPWRA well into three-digits.

    And your pointing out the likelihood that Total isn't going green but pre-empting renewable technology, Bilberg, just makes me even more depressed about this.

    One of my 2 biggest holdings goes up 35-40% in a day & I'm bummed about it. Go figure...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
35.64-0.47(-1.30%)Sep 29 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
The Kroger Co.
NYSEMon, Sep 29, 2014 4:02 PM EDT
Cyber-Ark Software Ltd.
NasdaqGSMon, Sep 29, 2014 4:00 PM EDT