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Public Service Enterprise Group Inc. Message Board

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  • darnoc1111 darnoc1111 Mar 20, 2008 1:13 PM Flag

    Why is PEG down so much?

    Today is options expiration day and I think that many are selling PEG to help cover their losses in BSC and to cover their short positions. I look for the stock to rebound in the coming weeks ahead. Also notice that CEG is down a lot. These two stocks seem tp trade in tandum. Even if the future earnings are a slight bit less than expectations, the price drop does not warrent that expectation.

 
PEG
40.94+0.67(+1.66%)Aug 27 4:05 PMEDT