This is just the kind of chart I love to see on a stock that has a big name. A sudden sell-off followed by a slower decline that simply must stop.  There’s no guarantee that SunEdison’s (NYSE: SUNE) decline will stop, but when you read most analysts, they don’t see it this low. I tend to agree. At current levels I know of no one that says “sell.” (Of course there is Gordon Johnson of Axiom who suggests this is a $2 stock.)

Let’s look at the Buzz on the street for SUME!

 

Arning is counting on a double. I think he could get it… but let’s let time tell. 

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Arnie Yuan

Put in a 4k bidding order at 4.5 to double my pos. $sune.

 

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I know these are automated alerts, but look at these blocks!

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BlockTradeAlert

BLOCK TRADE (Microcap): $SUNE 255,400 shares @ $4.79 [13:54:17]

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BlockTradeAlert

BLOCK TRADE (Microcap): $SUNE 255,400 shares @ $4.79 [13:53:33]

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Brooklyn Trader is frustrated… Okay… Don’t get too negative!

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Brooklyn Trader13 mins ago

$SUNE 3 attempts to push back through the whole number and couldnt do it.. BYE BYE!!!

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Marc, I would be very angry looking at it from this perspective.  I am just looking for $10 plus.

 
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Marc Lehman

Ask GJ what he liked when he initiated $SUNE back in May with a $44 tgt at Wolfe Rsch vs coming back to Axiom @MelissaLeeCNBC@PowerLunch

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Louie doesn’t trust CNBC. I guess he can join the GOP candidates!

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Louie

@MelissaLeeCNBC @PowerLunch Is he going to announce that he covered his $SUNE short position this morning?

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At IH, they’re talking about it… 

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Investors Hangout

SUNE SunEdison, Inc. E.P.S. dlvr.it/CkBrz7 $SUNE $UGAZ $RAI $GLW #SUNE#stock#pennystocks

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McNasty also not happy with his Power Lunch. Perhaps he should eat elsewhere? 

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TMcNasty17 mins ago

$SUNE – Expect algo-induced weakness at 2pm once @CNBC guest trashes this.

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Squeeze wants to hear from Einhorn:

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Market Squeeze

@MelissaLeeCNBC@PowerLunch Where’s David Einhorn in all of this? Has he said anything yet about $SUNE…..?

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Akari is hearing the GOOG rumors… He is right about one thing, a buyout by Google could happen, I think, since this price is so beaten down. Would that be good? I don’t know. 

 
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G Akari

Market Chatter says that Google has acquired a big stake in $SUNE. They said earlier that Google even might be ready to buy SUNE.

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The Daytrade getting ready for his CNBC Lunch… he’s saying $2. Come on… I hope you’re not right!

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The Daytrade™

Axiom $SUNE bear will be on CNBC w/ his case for $2

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Jason says don’t blame ER…

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Jason

$SUNE cant blame ER. Anything less than Vivint deal cancellation was destined to create a hedge fund stampede

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JP Morgan lowers estimate… okay…  Shouldn’t they have done that MONTHS AGO?

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ProVesting

$SUNE: JPMorgan lowers estimates for Sunedison Inc (NYSE:SUNE) amid …:StockNewsHour.com/sune-jpmorgan-…

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Elizabeth is glad she never got into it!

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@MelissaLeeCNBC@PowerLunch Ouch!! Glad I never got into $SUNE, poor D. Einhorn

 
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Melissa repeats that awful $2 number!

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Melissa Lee

$SUNE is going to $2, says Gordon Johnson of Axiom. He’ll join @PowerLunch 2p.