Im a disgruntaled long until bk or no bk, but the article did say as early as sunday which implies that would be the earliest date they may file. If they file 88 years cfrom now the authot can still claim they are right
I found several errors in this exhibit they put out in the 8k today.
Scenario 2 also showed a bk expense, but then showed LRP (loan re payment) to match up to that expense.
at least I'd still have enough to bring the family on vacation. Or to buy Gordons vodka for the next 10 years.
IF SUNE goes BK they will be tied up in court for a long time. SUNE will become SUNEQ and shorts will not want to sit on their hands paying the hard to borrow fees while SUNEQ goes through BK. They will cover then and we will see a squeeze higher, but I doubt we see $1 again.
sooooo the website leonpickfax gave me showed me that SUNE Bonds are still going for 2.00% until October 2018. THAT HAS NOTHING TO DO WITH 2 cents on the dollar, it means they are paying 2% on a the dollar which meansyour dollar today would be valued at 1.02 in October 2018. Where is the bonds they are selling 5 cents on the dollar SHORTY???!!???
Can someone please tell me where I can buy bonds for SUNE? I have read several times that they were selling for five cents on the dollar, yet I cannot find this information for the life of me.
Is that why they updated their IT systems? The old one wouldn't pay vendors on time? j/k FML, hope is all we have left.
after he gloats for another week he will get bored and cover. I see a stock price in the .70+ pps late next week.
And what happens if these were all rumors? There has been no filing for BK yes. Until there is, I wont sell jy shares. When your investment tanks that much, that fast you get caught waiting for a bounce. I never saw that bounce yet.
The stocks go to pink sheets and shorts still need to cover at some point. It is always better to cover your short position before it gets de-listed. There will be a nice pop quite higher than this pps. Keep your shares longs and get ready to make any shorts looking to cover pay for your shares. We still need to fill that gap.
IF SUNE was to plan on filing BK then Tepper wouldn't be increasing his stake in TERP. If BK was on the table Tepper would know about it and would realize that TERP would be effected by it.
If I had more I could put into SUNE here I would, but rules are rules.
Sentiment: Strong Buy