Quote:
Originally Posted by Valuist
Imagine shorting PG & E (Pacific Gas and Electric) a week ago. It was trading at $49 just one week ago. Just one week later, the stock is at around $17, due to likely liability for the Camp fire wildfire in northern California. Not to mention considerable liability from the fires of fall 2017.
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PCG PG&E up 36% after hours after falling 31% today -- no news that I see -- after hours volume of roughly 4 mm shares so far.
