"That followed a Debtwire report saying the company was in talks for debtor-in-possession financing. That is often a precursor to a bankruptcy filing—a supposition reflected by the fact that its unsecured debt securities now fetch pennies on the dollar."
Subsequently Sun Edison's stock traded as low as $1.21 per share this morning before recovering slightly.
The City's silence on this subject reminds me of the "child whistling past the graveyard" hoping that nothing bad happens.
Stay tuned!
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