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Re: bamajoe post# 83062

Thursday, 12/23/2010 1:32:03 PM

Thursday, December 23, 2010 1:32:03 PM

Post# of 103302
Testimony from the director of the PUC was leaked. In his testimony he stated he could not recommend approval of the PPA "as filed". This apparently caused a number of holders to panic thinking the PUC was going to deny LLEG approval. Had a pretty substantial selloff dropping the pps about 23%.

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