Wednesday, March 6, 2013

"Suntech Power More Than 75% Odds of Default" ($STP)

What we're hearing:

"Suntech Power price target cut to $0 from $0.75 by Axiom Capital which sees 75% probability of STP defaulting on March 15 bond payment"
That's up from the 35% chance quoted by Raymond James a month ago.

No comments: