7 Reasons Why NRG’s Offer for Calpine is Laughable [View article]
It would be my opinion that buying CPN for 23.00 per share is not only a steal, but a murder...
CPN has just come out to bankruptcy and its stock price is in the "new" category right now. This usually takes about a year or so to correct. If you look at the underling numbers (as pointed out in this article), the fair price to acquire should be around $38.00 to $42.00 right now. If NRG waits, say one year, I believe the price would be even higher.
The one item this article did not address is future electrical demand. People will be charging their pluggable Toyota Prius (maybe released in 2010), GM Volt and other cars at home. :)
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Latest | Highest rated7 Reasons Why NRG’s Offer for Calpine is Laughable [View article]
CPN has just come out to bankruptcy and its stock price is in the "new" category right now. This usually takes about a year or so to correct. If you look at the underling numbers (as pointed out in this article), the fair price to acquire should be around $38.00 to $42.00 right now. If NRG waits, say one year, I believe the price would be even higher.
The one item this article did not address is future electrical demand. People will be charging their pluggable Toyota Prius (maybe released in 2010), GM Volt and other cars at home. :)
Mr. Chokshi is correct...