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Gold/Mining/Energy : Calpine - A very attractive target for private-equity invest -- Ignore unavailable to you. Want to Upgrade?


To: okee-boy who wrote (8)11/11/2007 2:59:21 AM
From: Jeffster  Respond to of 9
 
Well, CPNLQ is back to a buck, and it looks like the easy money has been made.

Those who bought at as low as a quarter and sold in the neighborhood of 4 bucks did quite well, and many more did almost that well.

I doubled my money in this in about a month - following the momentum and my discipline. It was rough because my broker did not accept stop losses on this. So I had to watch it like a hawk.

Now what with Calpine? It is getting to be the end of the year. There has not been a lot of news (the reason, I suppose, for the fall back to a buck).

I suspect that there will be some announcements coming up soon which can affect the stock price positively. But whether it will ever get back up to a few bucks - at least as Calpine - is questionable, in my view.

Anyone have any other ideas?