SunEdison Death Watch?

SunEdison stock closed at $2.34 today after reaching a record low of $2.02 per share. Look at the price history of this company's stock over the last year and ask the question: can this company survive?

Remember folks, with negative operating cash flow SunEdison has only been able to "fund" their operations and capital projects by issuing more and more debt.

What happens when you can't do that at a commercially-reasonable rate any more?

The stock price may go to zero if they wind up unable to fund their little game with ever-increasing debt issuance, given that their operating cash flow was a negative $207 million in the last reported quarter.

Does Georgetown have a contingency plan in place to provide citizens with electricity in the event that SunEdison goes bankrupt? Inquiring minds would like to know. Remember, Georgetown has contracted with SunEdison to provide 50% of Georgetown's electricity starting in 2017.