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The Company provides electricity and energy services to retail and wholesale customers through two business segments: Retail energy and Wholesale energy.
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grampy5 (< 20) Submitted: 3/21/07 3:54 PM : Start Price: $19.60 RRI Score: -33.95
Nice niche company. Lots of inside management stock purchasine recently.showing confidence in company direction. Consumer education in Houston should be a model for all to follow. It's better business to offer incentives to purchase energy efficient appliances,and increase insulation than it is to build new power generation facilities. This a definate long term hold.
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BaaMan (33.90) Submitted: 4/12/07 7:05 PM
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But they almost never post a profit. I invested long ago but have taken most out (gains!!) because of the lack of profits for years running. What holds this company up and why does it keep rising in price? I sold at $15 over these concerns and it still keeps going up? Am I just a fool or is something going here I don't understand.
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BaaMan (33.90) Submitted: 6/04/07 5:28 PM
I bought at $5.83, have made a bundle, but am unloading this house of cards because I can't fiqure what drives this stock price... It will be back to low teens by year end, after the insiders cash out...and the new money will be left holding the bag. Check out these numbers:Return on Equity (TTM) -8.7 Return on Assets (TTM) -0.21 Return on Investments (TTM) -0.31 What's to like? Anyone got a reasonable arguement for the current valuation? One quarters' profit? A huge loan and bookkeeping shannigans produced this, not FFO.How about this number:Total Debt to Equity (MRQ) 89.44 !!!!Any potential in this stock is already (over) priced in. Who can tell me otherwise?