Replies to post #80 on NRG Energy Inc. (NRG)

[cakesgood]

They are obligated to pay dividends. So until they release a statement regarding the retraction of dividends they will continue paying it. If you look at the 3 month chart you will clearly see that after every big drop there is a rebound, approximately to the fibs 50% mark. Rebounds, similar to retracements when a stock goes up a ton, happen all of the time. There needs to be some ground breaking news in order to turn this stock around. It very well could bounce back up a bit, but until it breaks the $20 range it can not be considered a reversal. I fully expect this to keep falling