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Will go up when you short?
I am thinking opposite
Will this go <9 eow
Eow $15 easy!!
Should go to $6-8
You may be right
nobody really knows
Go baby
Green eod i
$9.8
Green eod?
Oops going back up to 11
PCG stockholders group, Hedgies tested water with Newsom by asking for his opinion. Hedgies have few white rabbits in their bag
Any significant drop at this stage is a kill.
You are soo right
will buy 50% today and wait for next leg down. Have no fear
PCG asked Newsom’s opinion about the proposal.
You may be right
no one really knows
should not hesitate to take a bite of the pie @ discount.
Your guess is as good as mine
Sellers and buyers will be equally active
Hedgies :
Elliott mgmt : bear
Abraham capital : bull
PCG has buyers and sellers
The firms — Abrams Capital Management, Redwood Capital Management and Knighthead Capital Management — all bought millions of PG&E shares around the time the company and its subsidiary Pacific Gas and Electric Co. filed for bankruptcy protection and the weeks afterward. The stock has since substantially appreciated: As of this month, they were sitting on a collective profit of about $450 million, according to a Chronicle analysis of Securities and Exchange Commission filings.
Buy the dip
Sell the news!
Have to position yourself tomorrow,
Tuesday probably will be late
Newsom’s approval was not required under state law, but PG&E asked the governor to weigh in after reaching a $13.5-billion settlement with victims of some of California’s worst wildfires on record last week.
The request for the governor’s blessing forced Newsom to take a public position on the company’s reorganization long before state regulators perform an extensive review and must formally sign off on the PG&E proposal or a competing plan next year.
“The company is kind of saying now, ‘You’re going to have to sign off on this,’” Ellias said. “‘We’re not going to let you have the benefit of distance from what we’re doing. If you say no, this thing could crash and burn, and you’re going to own the wreckage.’”
PG&E pushed back and said it believes the plan conforms to requirements under state law. Jennifer Robison, a spokeswoman for the company, said PG&E was committed to working “diligently in the coming days to resolve any issues that may arise.” The company has until Tuesday to revise its proposal.
Excellent analysis!
common sense?
Well said
wishful thinking
What if pps doesn’t tank, and goes up Monday?
impossible?
Good call bud!
Will be all in Monday or Tuesday if significant drop
Eod close > $12
Back to $15 next week!!
Elliot et al failed!
pps may go back to 20s soon
Need another leg down
Impending collapse
Excellent price action for day traders!
Year is ending!
Maybe volatility is due to news pending!
Bought more calls on the dip
Trial update when??
Don’t see an end to this dump!
Can pick up shares @$5
Or lending shares to “shorts”
and getting a cut
Like I started, bond converted to “shares “
by the 2 funds, now dumping with “decent “ gain
High bridge Capital, Tactical .. 7.6 million shares dump!!!!!
Buying opportunity!
Short squeeze not over yet
Squeeze $50
NASDAQ-100
TWLO up 1%
Bought TWLO calls
No worries