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its stock price went to 16 cents
sears declared bankruptcy last fall
its rediculous
a company declares bankruptcy and its stock goes to $18
can anyone confirm this?
the post says PCG shares will be cancelled
anyone see the post on Yahoo Finance today under conversations; regarding PCG being cancelled
PCG stock stays at $18
and the saga continues on
it don't make sense
whats causing it to go up?
stock should be going to ZERO
why stock keep rising, co in bankruptcy, stock should be zero
CitiGroup upgrades PCG to a buy; on a bankrupt company?
PCG stock will look like this shortly
shareholders will get nothing
stock should be zero; company declared bankruptcy
anyone know why this stock is so high
co's in bankruptcy stock goes to zero
why it taking so long for stock to fall?
anyone know why it's taking so long for stock to go to zero
Co. Could Exit Bankruptcy: If a new board agreed with the overwhelming evidence that PG&E is solvent, the company could exit bankruptcy on an expedited basis without impairing creditors. There is abundant evidence that PG&E is solvent. 18 Wall Street analysts and three credit ratings agencies found PG&E solvent, with a consensus equity valuation of $20 billion as of December 31, 2018. Since then, there has been no material change to the value of the Company’s assets or liabilities. The only changes have been the Current Board’s announcement of its intention to file for bankruptcy. With proper corporate governance and appropriate resolution of liabilities in the ordinary course, PG&E common stock could be worth in excess of $50 per share.
is that why PCG is going UP?
are people buying the wrong stock symbol; are people getting confused, buying PCG, when they really mean to buy PCB
judge doesn't have to accept the bankruptcy; see post below
judge doesn’t have to accept company's petition for bankruptcy, as the analysts write:
We believe there is a meaningful probability that a court would reject a PG&E Chapter 11 filing on the ground that the company is solvent and that PG&E is filing Chapter 11 to achieve tactical litigation advantages. Bankruptcy law includes a ‘good faith’ Chapter 11 filing requirement, in which the debtor (PG&E) must not be filing for reasons inconsistent with the reasons Chapter 11 was created. For example, if the debtor is solvent but is choosing to file Chapter 11 for tactical litigation advantages, such a filing is prohibited.
any one know why ERFB is rising??
February 11, 2019 - BlackRock Inc. has filed an SC 13G/A form disclosing ownership of 13,156,094 shares of PG&E Corp. This represents 2.5% ownership. Previous filing January 29, 2018, BlackRock Inc. had 47,308,488 shares, a decrease of -72.19%
info taken from the following website: https://t.co/9BxCqMW0lk
February 11, 2019 - BlackRock Inc. has filed an SC 13G/A form disclosing ownership of 13,156,094 shares of PG&E Corp. This represents 2.5% ownership. Previous filing January 29, 2018, BlackRock Inc. had 47,308,488 shares, a decrease of -72.19%
https://t.co/9BxCqMW0lk https://t.co/LWJpuai3MTBlackRock Inc. discloses 2.50% ownership in PCG / PG&E Corp. - 13F, 13D, 13G Filings - Fintel.io
stock will go to ZERO; shareholders will get nothing
PG&E Corp and PG&E Company BOTH declared bankruptcy per filing under company's investor relations info; stock will go to ZERO; shareholders will get nothing
company website no longer in effect
PG&E Corp and PG&E Company BOTH declared bankruptcy per filing under company's investor relations info; stock will go to ZERO; shareholders will get nothing
are you sure about this bankruptcy including both PG&E Company and PGE Corp?
disregard prior posts; stock price will recover; PG&E Company declared bankruptcy NOT PG&E Corporation; the Corporation trades on the stock market not the Company; stock price will recover
https://www.macrotrends.net/stocks/charts/PCG/pacific-gas-electric/stock-price-history
anyone know why this stock up?
"99.75% of the time, shareholders get nothing when a company goes bankrupt,"Anyone holding this stock is banking on .25%"
PCG is going to zero. The low volume trading the last several days in PCG, is funds acquiring shares in order to make a vain attempt to oust the board of directors and dismiss the Chapter 11 bankruptcy. They will fail at this, and PCG shares will fall to about $1.
company website no good, company no good