The village voice recently ran an article that the NY PSC has made it extremely difficult for energy suppliers to participate in the NY deregulation market. I cant post the link because Yahoo won't allow me to. It may be a good idea to google NY PSC mass market ruling. ENOC's bottom line should be impacted by this new ruling. What are your thoughts?
Recently came across this article- http://www.villagevoice.com/news/after-voice-investigation-major-reforms-announced-in-retail-energy-industry-8313006
My thoughts are to short the stock because of the business loss Just Energy will suffer in NY due to the new legislation and the risk that additional states will follow. Also Just Energy should release an 8-K indicating the material update in NY.