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:
It's crazy that the equity is still valued at 55 million!
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
A bit surprised people are bailing now considering STPFQ borrow rate is down to only 24% now, compared to 100% previously.
FYI: Suntech Seeks New Cash After China Bankruptcy Liquidator Says
Post a Comment