Constellation Energy shares fall 38% to $29.55 as it disclosed ties to Lehman Brothers, but the company said its liquidity remains sound despite the bankruptcy of the Wall Street firm. Constellation said in a filing with regulators that Lehman Brothers' total commitment within existing credit facilities stood at $150 million. Constellation said it holds excess liquidity of approximately $2 billion, excluding the existing Lehman commitment. "Constellation does not believe that the potential reduction in available capacity under the credit facilities would have a significant impact on its liquidity," the company said.
CEG may be a good one to catch for a little bounce tomorrow morning; wonder why DYN continue to dip, didn't see the bottom yet, I'm holding some DYN too, sad
My posting is for my own entertainment, do your own DD before pushing your buy/call button