Credit Bubble Stocks

Wednesday, March 13, 2013

AP: "Suntech Power shares plunge on bankruptcy concerns" ($STP)

"Shares of the Chinese solar panel maker Suntech Power Holdings Co. Ltd. tumbled Wednesday on concerns it will run out of cash. The company faces a debt payment of $541 million by the end of this week that investors don't believe the company will be able to pay. Efforts to restructure the debt appear to be failing."
CP at 10:53 AM

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