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|Subject: Re: TXU Bonds||Date: 1/30/2014 12:33 AM|
|Author: howardgt||Number: 35197 of 36082|
I hold 3 issues of Energy Futures but I can’t add anything about when the big day will come. I think we’re now living on borrowed time.
I hold the following (cost adjusted by interest received):
Texas Comp is a sure loser, but I hope to make a few bucks on the other 2 holdings.
At one time, quite a while back, I read that the regulated entities were “ring fenced” and they should survive. But things may have changed by now.
Meanwhile NG prices are on a tear now (over $5 today). I think they need something like $7 or $8 to get back to breakeven. So maybe they are trying to hang on and hoping for last minute “Hail-Mary” NG recovery :)
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