SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (13717)1/16/2002 6:02:46 AM
From: MCsweet  Respond to of 78534
 
Spekulatius

One other potential reason for the MIR decline is that wholesale electricity prices are in the tank right now and could go even lower in the short term.

I'd like to buy MIR, but may wait and see what they say in the earnings call. I hope they hedged their output.

Regarding a stock that ISOPATCH suggested, EPEX, we are starting to see some weakness that I believe is in large part due to the extremely low NYMEX natural gas prices we've been seeing recently.

The whole natural gas/electricity complex is weak right now.

MC



To: Spekulatius who wrote (13717)1/18/2002 11:17:26 AM
From: Softechie  Read Replies (1) | Respond to of 78534
 
I've switched to Calpine now. Mirant may have closely ties with Enron. Also Calpine got accessed to financial market for $2.5B while Mirant only sold 60M shares at $13.70. Moody's will likely to upgrade Calpine before Mirant. IMO.