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Why does CPN trade at such a higher PPS than RRI when their balance sheet is such a mess? RRI trades at about half of book and has half as much cash on hand as total debt whereas CPN trades in excess of book with debt at about 10x cash. Makes no sense to me.
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Question for the board
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kookieisani... |
 
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2-Nov-09 10:57 am | ||
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RRI is long an illiquid product (coal) without hed...
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mbaaggie |
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2-Nov-09 04:30 pm | ||
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Thanks for the input, but hasn't coal increas...
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kookieisani... |
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2-Nov-09 04:35 pm | ||
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54% is NG, 34% coal as to plant types, g...
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kookieisani... |
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2-Nov-09 04:53 pm | ||
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Not in the NE. Most of NG in NE ar...
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mbaaggie |
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3-Nov-09 10:15 am | ||
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Good points and you sound like...
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kookieisani... |
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3-Nov-09 10:22 am |
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