I bought back an average size RRI position today. I hold no MIR common, but I do have MIR bonds. No changes there. I need to see MIR 4th and probably 1st quarter numbers before getting back into MIR. I don't like flying blind, especially when there are a bunch of other undervalued stocks around that have full information available. I thought about Blackstone and a possible MIR strategy to keep silent, but it felt like an excuse.
RRI is undervalued but not a screaming buy, because of the CA/FERC uncertainties.
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