Theflyonthewall.blog
Presented by Theflyonthewall.com

Wednesday, May 24, 2006

Through TheFLY's Eyes: Dynegy Inc.
from Theflyonthewall.com







Trading Opportunity: Dynegy Prices Secondary At $4.60

Dynegy (DYN) priced its secondary offering at $4.60 last night. Dynegy was selling over $5.00 a few days ago. See Monday's blog to get details. But the essence of the story is that this company is building a foundation to become an industry leader in the merchant power business. This price weakness due to the secondary is a price point to either build a position or put on a trade.

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home