$Maxeon Solar Technologies (MAXN.US)$ Details of the case: A...

NoobGirl OP : based on Google , there is 50% chance that Maxn might go bankrupt...

NoobGirl OP : seems like the problem with Maxn now is there is no sales... maybe the solar panel market is too competitive... MAXN can't get enough costumer for their high tech PV? indeend they hold many patent but at what cost?

104681729 : Delisting

NoobGirl OP : but not sure why everyone is saying the price will go up and so on... I was influenced by these ppl also ended up I am holding the shares without doing much research prior

WSF83 NoobGirl OP : The fundamentals are no longer useful. Now some people have sold more than 100% of their shares. Even if they go out of business, it will take a year and a half, and those who have oversold will still have to buy back their tickets. More than 70% of the company's shares are in the hands of the agency. Will the agency sell it cheaply? You just have to wait a long time.
I believe that soon another agency will announce that they have bought more than 10% of the shares, and those that sell short will only be able to jump off the building.
You should never underestimate Chinese companies' desire for technology and patents. Maybe the companies that recently announced additional holdings were all ordered by them. After buying enough, they directly privatized them. This stock is too cheap

stockhub NoobGirl OP : The court case was mentioned I think 2 days ago. But instead 2 institutional shareholders ramped up the shares by buying more.

Also Maxeon also increased it's holdings. I think this play of the shares going down might be to weed out retail investors. Just a guess though

But the company already have some in road  in middle east

104681729 : If we retail investors can withstand it, they won't fall