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:

Anonymous said...

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

Anonymous said...

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

Walter said...

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

Anonymous said...

FYI: Suntech Seeks New Cash After China Bankruptcy Liquidator Says