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Re: PG&E Corporation (PCG) Exits Bankruptcy

By: ribit in 6TH POPE | Recommend this post (0)
Thu, 06 Oct 22 7:30 PM | 35 view(s)
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Msg. 36148 of 60008
(This msg. is a reply to 36139 by Decomposed)

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...having determined that the cause of the fires caused by the grid, California decides to put an even heavier load on the grid. Gavin Nuisance strikes again.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Re: PG&E Corporation (PCG) Exits Bankruptcy
By: Decomposed
in 6TH POPE
Thu, 06 Oct 22 4:42 PM
Msg. 36139 of 60008

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.


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