Re: [AFMUG] OT bad stock tips

Tue, 12 Nov 2019 07:59:09 -0800

With good reason. The size of the liability at this point puts them in a huge negative value territory.

I think the direction this is going is for the utility to become a co-op of sorts, and maybe also split into multiple territories. So it will become user-owned, but still have enormous liabilities. Will current investors get paid? Sure, but how much?

The one group that seems to be making out real well is the executive staff.


bp
<part15sbs{at}gmail{dot}com>
On 11/12/2019 7:52 AM, ch...@wbmfg.com wrote:
I would assume there has been a flood of shorts on that stock. 
 
Sent: Tuesday, November 12, 2019 8:42 AM
Subject: Re: [AFMUG] OT bad stock tips
 

I think current PG&E stockholders are going to end up holding a very greasy bag.

 

bp
<part15sbs{at}gmail{dot}com>
On 11/11/2019 7:02 PM, Chuck McCown wrote:
I am thinking of following up my strategic Moviepass investment with one in PG&E.  It has to be bottoming out.  No where to go but up, right?

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