Probably right...I'd remove "always," and write "Listen to the company and use your head." Sounds better. I did and now, I HAVE ANOTHER CONSECO (ticker was CNO) I almost named my daughter "Conseco!!!" Lol. SUNE will make me some bad money
What happened in Conseco: After they reported 4th qtr 2008, the auditors insisted that they'd put a "going concern" warning in the filing. The CEO was all over the place saying that the auditors have simply not looked at their numbers. Well, investors ignored the CEO and sold the shares from $3.39 to $0.28. I jumped in around $0.29 but but most at $0.30. I dumped all my portfolio (about $27000) into Conseco. Well, they reported some quarters and I knew I was headed for wealth. After Billionaire Paulson's hedge fund jumped into the stock at $4, it went crazy. I sold the entire 90k above $6, making over $500k from investors' fear and clueless risk aversion (that is, risk aversion that does not actually examine the risk. More like shouting FIRE FIRE where there's not even a smoke.) So, Now with some 38k SUNE (bot 16k more yesterday adding to 22k bot a last Friday), plus 5000 each of TERP and GLBL, I am hoping that CONSECO is back. And the just the about $2 billion in Indian assets has reassured me I HAVE ANOTHER CONSECO in SUNEDISON. Goodluck to all.
More like $1.8 Billion just in Inda alone. You may begin to see how huge this thing is.
And the fool DOMENECH CARLOS is out. If you want to know how bad news DOMENECH CARLOS was, look at the insider transactions. While everyone else was loading the shares, DOMENECH CARLOS one of the few that was dumping at any opportunity. Good riddance DOMENECH CARLOS...now UPPPP we go. Great news for investors...MY TAKE!!!
Yes, I did not make money on GLBL because I bot at about $5.20, but I did well with TERP which I bot at $8.40 and, of course SUNE at $2.63. Well, I am holding all into 2016 so the gain will come later in multiple hundred percentages. Just noteworthy that folks were selling it just a few hours ago FOR NO REASON except that they cal click the Sell button, and folks were not buying because they get bamboozled by the illiterate headlines everyone was putting out there on the stock.
Consolidation is the key. If you marry three wives...keep an eye on all of them
Amazing..........made money on its way down and now up HUGE on all the stuff I bought just a few hours ago. That should be telling some of you...this is all about timing. Nothing to do with the company or its execution.
You have to follow the trend and make your money but always realize what is behind the stock. I bet not many folks that heard that Einhorne sold SUNE also heard that he sold ONLY 6 million shares out of 24 million shares. MORE IMPORTANTLY, very few heard that he bought more shares of TERP than the entire 6 million shares of SUNE that was sold. Funny business, right. TRADE WITH YOUR HEAD.
Analysis should be able to be independent of the noise in the stock. Yes, I shorted heavily around $8 because it was easy to see that they slide would continue especially as end of the year tax-loss selling for most hedge funds was anticipated. Other than that, There was no reason SUNE is not around $10. THAT IS WHY Einhorne sold 6 million of SUNE and quickly added TERP...thereby losing nothing. Now, you have to read into thiese stuff to get the picture. I think Deutsche has a better picture here....time will tell (2016), but I am really surprised to have to cover my shorts under $3. Incredibly amazing. And JPM even apologized today for making a call..after clearly showing a sum of parts analysis on their PT. I hope JPM will apologize again in 2016 when SUNE approaches their $19 PT!!! SOMEONE PLEASE BOOKMARK THIS POST!!!!!!!!!!!!!!!!!!!!!
I now have three wives. And I have to just wait. IT'S BEEN MY PLEASURE, GUYS!!!
I like giving back: So, I just bought 5000 shares each of TERP and GLBL. Still waiting for SUNE to come down towards $2.40. As you IDIOTS can see, I am being fair. Next time...Don't listen to analysts - maybe Axiom's Johnson. But I believe he was too off too. Well, I thank him for that.
Next time...beware when thes CLUELESS bank analysts ask you to buy. They have ZERO idea what they write. Some of them went to colleges in remote parts of US and have half-developed brain. But, I am now a potential BUYER OF SUNE...$2.40 is my entry price.See ya there
That necessary element is the high valuation of the stock. It is gone and SUNE is TOAST
It is all headed to pennies....SUNE appears to be a HOUSE OF CARDS
The ENRON we killed 15 years ago...now rules killed us from the grave in the form of SunEdison and Ahmad Chatila
The fools at UBS cut down yeaterday from $6 to $3. I expect the IDIOTS at Deutsche that were writing all those londg articles earlier in the week to swallow their words and cut PT to $6 or $7 just to save face. IT IS HEADED UNDER $2!!!!!!!!!!!!!!!!!!!!!!! I AM SHORT AND HAVE MANY MORE RETURNS COMING ON THIS CONTRACTION CALLED SUNEDISON.
Simply mind bugging that we let this happen
But they won't do it. And I thnk them because they just made me some $108k n my shorts.
Idiots going on a buying spree because they saw the money. Let's see whether they can even buy a pen and paper for their office use after we sell off
These guys are entirely CLUELESS and when they have any clue, it is only to benefit their bank loans. They will all go under when SUNE crashes...so they talk $20 PT to save their banks. CAUTION: I have been short since $9. Still short to $1.50