I'm up 15% one day shorting this. Yes sand will increase but whose sand will they use? Expensive Wisconsin sand or cheao Texas sand?
Oil dropping below $50 will take this stock down. Baker Hughes rig count is actually less than when this stock was 1.97. Trading this stock on oil prices is dumb because frackers have moved to cheap Texas sand to save money regardless of where oil goes. If oil goes up buy oil producers. EMES ain't make more money now than when oil was 26-producers are.
Stock was at 11.60 when I wrote this. I rest my case. Almost half the float was dumped today to buyers who know less about this stock than the sellers. Baker Hughes rig count goes up by a few. Big deal. If oil dips below 50 stock will be under 10 again. EMES makes great sand but with oil under 100 everyone wants cheap sand.
Rothchilds makes their money when "There is Blood in the Streets." i.e. When everyone is selling a la SUNE cause its "going under". But there is more money to be made saving SUNE than killing it. Plus the Globalists like Solar and are afraid of global warming and don't want to see a setback with the leading company in renewables.
But there has been some positive news since January. VSLR deal killed. LAP deal killed with small settlement. Negative news too but killing deals has the chance for stock to rebound as Einhorn lets Rothchilds restructure . There is more money to be made saving this patient(SUNE) than killing it. This is very clear to me.
This will be an almost 180 million share day. Tepper, Blackstone, Einhorn - The SUNE lovers and haters-but all solar lovers may buy it.
They will get nothing on their lawsuit with SUNE if SUNE files. They can buy company on the cheap and merge it with VSLR. And they can restructure debt with their huge liquidity and avoid chapter 11 for Sune. Blacxkstone loves solar since they own so many buildings and wants them to incorporate solar in them.
There are so many Billionaires on this Saga(tragedy) EInhorn, Tepper, Blackstone (Schwartzman) There are solar lovers like Gates, Buffet, Soros, MUsk. The OIl SHieks want to diversify to solar. To control the worlds largest solar/renewable energy company for under $70 million and just extend a 2018 debt payment then ramp up growth again? WHere is everyone? What about Samsung who partners with them in a chip factory?
All thy need is a new CEO who can straighten things out and summons ex CFO Wuebbels to locate the 1.4 billion cash we had in November. Nothing was bought and may have been earmarked for Vivint downpayment.
In conference call. Plus they sold some projects($300million)t in Japan in December when stock almost hit zero. What happened :Did Chatila or Wuerbels madoff with our money?
The float will turn over by today. We will have new owners in the company by days end. I hope someone strong comes in. Why would someone buy if we are going to zero? I hope blackstone is buying. They dont want to see a bankrupty. They can then combine VSLR with SUNE.
Ok. Are you saying if they did the Vivant deal they would not be in as bad of a situation as now so stock would not be at 24 cents a share as of Friday's after hours trading?
He worth $10 billion. With stock at 25 cents he gets control of company for under $100 million. He now REALLY controls TERP so he will save legal fees and feed TERP only good deals. He works with crediitors for more favorable terms. Growth ensues as the solar industry grows leaps and bounds. Stock up to high teens by 2018.