hkunzJan 07, 16 5:04 PM
Turns out they were selling stock to eliminate debt. http://www.sec.gov/Archives/edgar/data/945436/000119312516422998/d111488d424b3.htm

Entry comments: News was debt reduction: SunEdison Announces Pricing of $725 Million of Second Lien Secured Term Loans and entry into Exchange Transactions, Resulting in $738 Million Reduction of Debt. This should've been good news but stock tanked up to almost -20% with shorts trying to cause confusion. i bought the dip thinking it will spike a bit in p/m
Exit comments: got out in p/m not sure how it fares at open. turned out it tanked even more until 4.50 until recovering to 4.67. it should have spiked morning. well i profited p/m well :)
| Date | Price | |
|---|---|---|
| Entry | 1/7/2016 | 4.75 |
| Exit | 1/7/2016 | 4.93 |
Turns out they were selling stock to eliminate debt. http://www.sec.gov/Archives/edgar/data/945436/000119312516422998/d111488d424b3.htm