TB11741

Bear raid is over - massive short covering - no bankruptcy

Long
TB11741 Updated   
NYSE:SUNE   None
5
Enterprise Value is 10 Billion

Market cap 533 million

Book value 4.50

91 % now owned by institutions

Short % of the float was 44% on a 316 million share float last month


Most debt is tied to production on long term projects

Hedge funds played hot potato with this stock and took a lot of peoples shares

Private equity could gobble up this company and make it a trophy prize of owning the largest renewable energy company in the world.

- Add to any current positions ( like me )

- Accumulate the company at a deep discount. Know your time frame and this is solid risk / reward

Trade active:
I love the institutional stealth accumulation.

I felt Under 2 was in play, now I look to accumulate under 3.

Adding more , here.

Its just math and physics
Trade active:
Buying more , added another 30,000 shares
Comment:
11 million shares

Stealth accumulation by BIG MONEY

Adding here , REMEMBER EINHORN HAS THE POWER NOW....HE CONTROLS HOW AND WHEN THE 10K COMES OUT. EXPECT A BIG MOVE THIS WEEK
Trade active:
Adding another 15000 shares

Total media bullshit and hidden agendas
Trade active:
Added another 50,000 shares at .54 cents

Cost basis avg 1.80 - 2.60 on 250,000 shares
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