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Dynegy Inc. Message Board

  • mny_game mny_game May 17, 2002 7:02 PM Flag

    Time to step in - Of course

    As I mention a few weeks ago, after riding DYN up from 13.75 to 17, and got out, board members laughed at my reasoning. IE

    Potential gain +3 to 20 or a -10 to 7 therefore the risk reward was not in my favor there I sold.

    Well, now, the risk is -2 to a gain of + 13 its time to buy, therefore I did, I will take the risk and hold for a little while.

    The short term downside is maybe worse case 5 interday.

    As long as CHX does not buy at some silly low ball price, there is little risk that the price will stay low.

    CHX will not walk away from there investment. To many good assets to walk away from. The biggest risk is that they walk in and buy the company for around 8 or 9.

    Good Trading.

 
DYN
17.63+0.33(+1.91%)Apr 29 4:02 PMEDT