My bet is still short, have not covered, am not going to cover. There is not a fundamental in the world to snap anything back much.
SUNE is in a lose lose situation and it will not change as long as current managment is in place. SUNE is dead money for years, not just the next couple of quarters.
The worst managed company in the world would not put our a PR. And they would overpay by 5 times for VIVENT also. Where have you been.
will remain dead money for many years if the Vivent deal goes through. A sad sad deal for those of us poor fools who are long this extremely poorly run company. The entire management team needs replaced.
and sometimes it doesn't, but the host remains sick for a long long time. That is where we are with SUNE. It is dead for a long long time and the jury is still out on whether it can survive this horrible deal. Management has to go. SOON.
With the apparent closing of the Vivent disaster now coming SUNE will not be anywhere close to $5 next week, or the week after or the year after. Management has destroyed SUNE's future and it will now struggle to survive. Management is a disaster and needs to be fired in mass.
SUNE is doomed to be strangled by this horrible deal and will be lucky to survive with current management.
A third grader would have negotiated a backout clause. Shows one just how horrible management truly is. Horrible for us shareholders.
as long as the economy is sick and energy prices are down. People can't afford to pay to put solar on their roof's when energy is so cheap and their jobs are in jeopardy.
SUNE has to drop this deal or the stock price will be dead for years and possibly send SUNE to bankruptcy. How can management be so stupid and so unfriendly to shareholders????????
good you can bet the economy is not. It is a counter indicator.
and maybe even break below the 2009 lows.
via a stop loss, then when it bounced back I sold 1000 at $35 and the last $1000 at $40. WHY I did not hold at least the last 1000 shares. About 2 years ago now. If I would have waited one month later to buy, at $25 I would still hold all of it, but wanted to get my losses back. Ouch.
I think we are now in the same position via SPXS. Market is going to retest 2009 lows. Everything is starting to fall apart as QE wears off. Going to get ugly IMO.
It is extremely sick at this point. It is going nowhere but down as long as the market is going down. That could be with us for all of 2016.
does. But I guess we all know they are not good and healthy. I just hope they survive, for my pocketbooks sake. Otherwise I might be a doorman at WalMart.
You are giving Blackstone WAY to much credit. They did well with the QE led market rise, but will struggle to survive if the market turns down.
If Vivent was actually a highly profitable company it might make some sense, but they are not. The deal is BAD for SUNE as is shown by the share price crash since the announcement. EOS.
Maybe even more as the shorts will be covering in mass.
Seems somebody has an agenda. I looked at the Axiom guys overall rating for accuracy. It is abysmal. He is like in the bottom 1/4th of all analysts. So take it for what it is worth. Might he be right and the other 12 wrong, sure. What are the odd's of that, about like winning the Power Ball Lotto.
deal. With that "deal" it may go lower yet, but the retest was a given. They HAVE to kill the Vivent deal or they are toast.