With Maryland locked up, after its public service commission wrangled quite a few perks, I believe EXC now needs just the D.C. Commission to complete this wearying time-eating process. Is that right?
These commissions should be equipped with ski masks and handguns, for all the ransom they've extracted from EXC. But hopefully this circus will be ending soon, and then EXC can begin to build some momentum as the juggernaut it is to become.
The market is treating Pernix right now like damaged goods, which it very well may be. There are a number of potential lessons here. Among them: never crow too hard in public about potential future earnings; and never be afraid to take profits.
This company may well have some renewed life from here, but there definitely has been a loss of trust.