Deutsche Bank attributes the recent pullback in shares of MEMC Electronic to balance sheet concerns after Moody's put the company on its downgrade watch list. However, Deutsche believes the probability of a major liquidity event happening in Q2 or Q3 is low and reiterates a Buy rating on the stock. The firm says the balance sheet concerns are overblown.
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.