$SUNE, here's a new-positive article from Seeking
Post# of 23098
Posted On: 04/21/2016 7:49:28 AM
Re: Rhythm Guitar #10319
$SUNE, here's a new-positive article from Seeking Alpha
Check the comments related to rules 10b5-1 and 10b5-2. Einhorn shouldn't be selling if a bankruptcy is imminent.
http://seekingalpha.com/article/3966844-suned...oved-point
The author of the article is right about the rules and conclusion of not a sure bankruptcy but mentions he can't find a reason for Einhorn-Greenlight to sell shares.
Now, check this article from Bloomberg. Not related to SUNE but related to Einhorn and the way he operates. He may be selling shares to a percent level where he doesn't have to report to SEC anymore. Then, he buys debt swaps. If there's a deal and no bankruptcy, those will multiply in value many times. On top of that, sold shares may be in other accounts or with a friendly edge fund.
http://www.bloomberg.com/news/articles/2013-0...by-buyback
Check the comments related to rules 10b5-1 and 10b5-2. Einhorn shouldn't be selling if a bankruptcy is imminent.
http://seekingalpha.com/article/3966844-suned...oved-point
The author of the article is right about the rules and conclusion of not a sure bankruptcy but mentions he can't find a reason for Einhorn-Greenlight to sell shares.
Now, check this article from Bloomberg. Not related to SUNE but related to Einhorn and the way he operates. He may be selling shares to a percent level where he doesn't have to report to SEC anymore. Then, he buys debt swaps. If there's a deal and no bankruptcy, those will multiply in value many times. On top of that, sold shares may be in other accounts or with a friendly edge fund.
http://www.bloomberg.com/news/articles/2013-0...by-buyback
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IMHO
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.