This is traded by robots.
They read resistance lines at $9.25 or below and can't break them. They sell at resistance and buy at support in downward slope. Hitting again $10 or above is just a dream. It has been like that for months.
Only huge news will break the trend and robots will work around the new upward trend. That would be news like filing the 10k,10q or declaring a dividend. None of which will happen.
Good post ofir.
Looks to me sunedison set up was just to syphon funds to Blackrock which had bankruptcy in its mins all along. In other words, glbl and terp aside as real businesses, the rest was a scam. I hope sune does not get their dip financing or if the judge agrees the terms are favorable to the yieldcos.
With dip financing they won't be able to get sune out of the game and senior creditors will make sure the terps are theirs for nothing.
Brexit will not happen. There is only 35% consensus. A rate raise in September is guaranteed! And it will only be too late and reactive. Economic numbers from now until September will get stronger and in the near term they won't be soft enough to push gold up. The best time to exit the gold trade is now. Once all variables are known, gold would have already crashed.
Looks possible. But should form a handle after breakout for the stock to run above $10. Surprisingly, the mlp is not running along wlb.
Waiting may be wise. I do not know how long it may take. Bankruptcy courts are usually expeditious. They may obtain the waivers at a cost too, like cutting dividends or something. I cut my position in half. Eventually, if the stock takes a hit it will come back. Companies had good cash flows and good assets.
And how do you know they aren't in bed with sune and the end game is to send the 2 terraforms to the dumpster as well? It is pristine clear Blackrock wanted to saddle the company with enormous debt to sink it down deep.
The Terraforms want liquidation. I imagine they want to free themselves and move on. Sune wants dip financing for a turnaround bid. Secure creditors want the latter too while unsecured are with the Terraforms. Whatever the judge approves will be far more important than this deadline and most likely the companies, which are solvent, will get their waivers.
It looks like emms stopped paying their fees for anyone to make a market in the stock. Or simply nobody wants to because management used volume to unload against the stock operator. Bad faith. Management will still sell to pay for taxes. Soon, some will be out of stock. No problemo, sr. Let's issue more #$%$ options.
This was by far my largest, biggest mistake.
With almost 2 months after launch and reports of sales 20% higher than last year's flagship phone, if emms cannot show a larger number for nextradio downloads its lights out.
Sad there hasn't been any inside buying.
From their presentation. Valid for 75% of their loans.
Bodes well for 2017 and beyond.
Dividend covered in full, 100% with core earnings.
No. You are right. This has become such a #$%$ investment that he wouldn't even want to pay 60 cents for the shares.
Just relax. The hammering we see is the MM fishing for shares. MM tries to replenish their inventory (as if didn't have any of this #$%$) before the huge run. So sit tight and don't pooh.