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Pacific Gas and Electric Company (PCG-PH)

NYSE American - NYSE American Delayed price. Currency in USD
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17.500.00 (0.00%)
At close: 09:30AM EDT

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  • c
    cato
    Snapped up a few thousand of these 6% preferreds this morning at just under $17. I think the panic is overdone. I like the upside.
  • j
    james
    Is there any discussion about resuming preferred divvys?
  • 大
    大鸡巴
    Still waiting for my dividend.
  • S
    SelldaSpikesMan
    boy o boy

    what a wallop to shareholders after hours today from pending legal action, i guess?

    driving down a 2 lane paved highway, i actually witnessed one of their old transformers explode into sparks, smoke and flames, on a power pole in the mojave desert near amboy califonia about 2 years ago. broad daylight, no wind, no rain, no lightening.

    i immediately phoned 911.

    i imagine that it must be an enormous task for a company of pg&e's vast geographical service area, to inspect, maintain, repair and replace hundreds of thousands of pieces of equipment over tens of thousands of miles of overhead and undergound systems.

    i wonder, if the rural service areas especially, (paradise fire) may be operating with a certain amount of aged, worn, and possibly obsolete equipment?

    if this is in fact the case, and it is proven in court, and if there is knowledge or negligence of the company, its board, or management, i don't think pg&e will be able to survive w/o a major reorganization or government intervention, or receivorship.

    there may be HUGE short positions being taken very very soon.
  • G
    Geronimo
    State’s Grid Operator Asks Electric Customers Across California to Conserve Power Friday as Heat Wave Set to Increase Energy Demand Across the West

    https://finance.yahoo.com/news/state-grid-operator-asks-electric-003900891.html
  • R
    Rogueriver Roger
    test post
  • 大
    大鸡巴
    PCG will pay dividends as soon as allowable, as per the court order and conditions of coming out of bankruptcy. The longer you hold, the more you make, as they have to pay off all of the missed dividends on preferred stock. Most likely scenario is that PCG will pay off the dividends, then call the stock.
  • D
    Dave
    Can someone explain the difference between the different preferred
  • A
    Anonymous
    OK, sometime down the road PCG is going to have to pay these back Dividends. These guys are not holding this stock because they a good guy. What is the max 60 mouths.
  • R
    RicK X
    NBC news tonight
    Regulators slam PCG
    For bidding the truth

    PCG news is going to slam the stock tomorrow
    Snailbait and Nicky 1 share buys will not help
  • 大
    大鸡巴
    New CEO. She's not a superior. She's a co-worker.