SUNE SUNEQ - SunEdison

Discussion in 'Penny Stocks' started by Stockaholic, Mar 31, 2016.

  1. Zaysev

    Zaysev Member

    Joined:
    Apr 5, 2016
    Messages:
    261
    Likes Received:
    23
    H
    Hurray! At last we'll see less articles considering bright future of SUNE. So fed with it...
     
  2. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    But this is the bottom!

    Now there are no debts and just profits ahead.. according to what Im reading now.

    Edit: better put a smiley face here so its clear its sarcasm o_O
     
  3. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    A few people asking if they can sell this stock if it moves to OTC on Robinhood, the answer is yes.

    You can sell OTC stocks on Robinhood, just not buy them.
     
  4. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
  5. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Halted all day, lets see if this opens tomorrow.
     
  6. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    some people are saying it might be halted till monday. wouldnt the stock be delisted since it is filing for ch 11?
     
  7. Zaysev

    Zaysev Member

    Joined:
    Apr 5, 2016
    Messages:
    261
    Likes Received:
    23
    You know, I guess at this point everyone should agree that there is no "bright prospects" for SUNE. So it's clear for everyone you were sarcastic... Right?
     
  8. Zaysev

    Zaysev Member

    Joined:
    Apr 5, 2016
    Messages:
    261
    Likes Received:
    23
    Why would it be? Ch 11 is not even filled yet. And even after that, I guess, it will still be selling for some months, from what I've been explained.
     
  9. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    SUNEQ going to open in the lows .20's

    [​IMG]
     
  10. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Opening trades holding 0.209 so far
     
  11. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,448
    Likes Received:
    3,268
    SunEdison Gets Some Money to Tide It Over, But No Examiner Yet
    SunEdison Inc. will have to wait to learn whether and how an independent examiner will investigate the renewable energy giant’s pre-bankruptcy dealmaking, as well as whether its final operating loan can go forward.

    Read full article here: http://bloom.bg/1ppXXFO
     
  12. fthree

    fthree Member

    Joined:
    Apr 10, 2016
    Messages:
    63
    Likes Received:
    8
    so if you have shares in sune are they worthless at this point? could one hope that they would work the debt load out and gain a respectable amount? not familiar with OTC
     
  13. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    I have not looked into their plans yet, if they have any, but the shares could be canceled and new shares issued, or some terrible exchange of 1 share of new SUNE for every 10000 shares of old SUNE, or the company could just go private and you get nothing.

    Anybody got details?
     
  14. fthree

    fthree Member

    Joined:
    Apr 10, 2016
    Messages:
    63
    Likes Received:
    8
    I only hold about 1,500 ($1k worth) hopefully something comes out of it good. Robin hood is saying its worth $0
     
  15. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    so is SUNEQ just temporary until they figure that stuff out @Gil Oren ?
     
  16. Zaysev

    Zaysev Member

    Joined:
    Apr 5, 2016
    Messages:
    261
    Likes Received:
    23
    I'm really curios why you keep holding it? I mean yeah, you won't get much from what they're priced now, but isn't it better than get a zilch? Or do those losses not bother you and you're willing to gamble?
     
  17. fthree

    fthree Member

    Joined:
    Apr 10, 2016
    Messages:
    63
    Likes Received:
    8
    I'm not wanting to hold, I'd love to sell but RH has it listed at 0. I don't know if they will let me
     
  18. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Yes, Robinhood will let you sell!

    The reason you see zero is because its moved to the OTC and Robinhood does not allow buys on the OT, but the will let you close positions.
     
  19. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Yeah, once the dust settles and what ever agreement is reached, SUNEQ either gets canceled or some sort of share exchange, but it wont be pretty.
     
  20. fthree

    fthree Member

    Joined:
    Apr 10, 2016
    Messages:
    63
    Likes Received:
    8
    So just set a sell? Will it cost?
     

Share This Page