Monday, April 28, 2014

STPFQ Down the Memory Hole

On the new Suntech Power website.
Dear Valued Suntech Customer,

With the acquisition of Wuxi Suntech Power Co., Ltd ("Suntech" or "Wuxi Suntech") by Shunfeng Photovoltaic International Limited ("Shunfeng", HKEx Stock Code: 01165) finalized on April 7th, 2014, we Suntech are now ready to regain our position as a global leader in the solar PV market.

4 comments:

  1. It's crazy that the equity is still valued at 55 million!

    ReplyDelete
  2. Some numbnuts has been covering about 50k shares a day at ~30 cents for weeks

    see -

    http://www.creditbubblestocks.com/2014/04/suntech-short-interest-declines-again.html

    ReplyDelete
  3. A bit surprised people are bailing now considering STPFQ borrow rate is down to only 24% now, compared to 100% previously.

    ReplyDelete