Friday, April 29, 2011

SunPower Bid

So, last October, I picked up a small piece of SunPower (SPWRA) in the $13-14 range. Today, the major French energy company, Total (TOT), announced that it would buy 60% of the company for $23.25 a share.

Too bad I did not buy more, but it's still a nice pop. Maybe it's time to exit this one and find a new home for the cash. I suppose that gives me something to think about it this weekend.

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