it means they have no money to pay dividend and that sounds bad. Time to dump this sheet if you have any profit.
How bad can this sheet be? everyday seems to be bad news one after another. Suspend dividend is so bad and lead investors to interpret that the company liquidity is so bad that they might not survive. This looks like the END of SUNE coming sune.
SUNE is still liable for the deal and must pay breakoff fee to cancel the deal. Either way, SUNE is the one losing money in all this.
but they have to paylike $100 million or somehting like that to cancel the deal. either way, it suxxx and losing money for SUNE.
if true, it is not good news for SUNE then. they have to pay to cancel the deal. more money loss for SUNE on the most hated deal.
The gain will disappear at the end of the day. All the problems are still there and nothing has been resolved at this point. Could go to $1 anytime.
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How do you know everything will be OK? Do you have inside information that we don't? If there were a slight evidence of fraud in the audit, it will be OVER for SUNE. Also, if Tepper wins the trial, it will be over for SUNE. If the audit indicate their liquidity is not what they have expected, it will be over for SUNE. There are many things that could bring SUNE to BK.
sounds very scary to me? Who in their right mind would hold this stock now? SUNE could go BK immediately if there were any evidence of fraud were found in this audit. It just crazy to hold this stock right now.
no, it won't be 20%, but perhaps 12% drop is not out of the question. Give them a break! They need it!
he did, but now he sold out SUNE and was happy about it. At least he will stop losing money with this train wreck SUNE.
reason for its holding up is because of the big market rally today. If the market were down today, SUNE stock drop could have been a lot worse than this.
The reason SUNE is not going down 40-50% because the market is rallying big today. If the market were down, 40-50% drop is not out of the question.
Oil stocks are the best place to put your money in right now. Oil will be higher in 2nd half of 2016. SUNE is dead money at best this year assuming they survive all the mess they got themselves into.