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SunEdison Is Collapsing (Again)
The bloodbath in hedge fund hotel SunEdison continues but judging by the massive volumes this is those same funds liquidating en masse (following Dan Loeb's exit and Einhorns' negative comments)...
Down 57% in the last week alone...
SUNE is back at levels where it cliff-dived in 2012...
Plenty of funds have already liquidated... but there are lots left.
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Everything is awesome, CNBC just told me so.
Never understood the investment thesis for SubEdison. Seemed like a sham to me. Stayed out.
SunEdison is almost certainly the tip of the iceberg. Solyndra is long gone. GE's off-shore Block Island wind turbine farm will cost almost $300 million for 30 megawatts of non-baseline power. $11.60 per installed watt versus 60 cents per baseline power watt from a gas turbine. Almost 20 times more expensive for green energy. Total insanity, with taxpayer dollars funding this energy madhouse.
Cheap oil, Nat Gas and Coal vs expensive solar with expiration of incentives and lobbyist trying to remove cash for excess capacity
Einhorned
Einhorn's Greenlight had(?) 18,605,373 shares.
UNPOSSIBLE!!! They are magic fairy dust providers for the greenie's, so they can't possibly be imploding.....
You should know what Invesco knows.
stupid question-
Will this make solar panels cheaper?
Cuz i want some. Gotta get my 30% rebate from the govt before end of year 2017
Silver is down so panels are cheap now?