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Genie Energy (GNE) reported yesterday that will renew its offer to exchange common shares for preferred shares (GNE-PA). I reported about the interesting exchange offer last month. Read more..
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Long GNE huh? It's def an interesting speculative play. Not sure on the viability of them being successful in their oil shale extraction process but who knows lol...
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Arbitrage Opportunity On Genie Energy 2 comments
Genie Energy (GNE) reported yesterday that will renew its offer to exchange common shares for preferred shares (GNE-PA). I reported about the interesting exchange offer last month. Read more..
Disclosure: I am long GNE.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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