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Replies to Msg. #1212826

Msg. #

Subject

Posted by

Board

Date

38256

Re: PG&E Corporation (PCG) Exits Bankruptcy
PG&E (ticker PCG) jumped last week when the company settled on the California wildfires for $117 million. It got off cheap.

PCG is currently $14.73. My purchases were at $9.04 and $9.40 two years ago, so I've had a 58% gain.

Based on other utilities, PCG should be north of $19. I think it'll get there if California ever has another wet winter and a lowered risk of wildfires.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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