PG&E And California In Crisis

Oct 11th 2019 Dear InvestingChannel Reader, Northern California is under mandatory blackout to prevent wildfires caused by downed power lines from engulfing the region. We have a special edition today covering the human and financial effects of this crisis. Today we are featuring analysis and commentary on the following: - [SPONSORED LINK:#1 Secret: Life Transformation]( - [Huge Financial Implications for PG&E]( - [The Political Causes and Ramifications of the PG&E Crisis]( - [Human Cost of the PG&E Blackout]( - [10 Stocks Trading at Below Book Value]( - [BONUS:This Commodity Is Trading at Less Than the Cost of Production]( [Explore Your Options With These Trading Strategies]( "The Options Industry Council’s Annual Summit will focus on offering a holistic view of an options trade – from how strike prices are chosen to managing positions amid changing conditions. Taking place online Oct. 23. Register Today!" [Click here to read more.]( Sponsored by The Options Industry Council $0 Or $40? PG&E Price Targets Reflect Uncertain Outlook On Wall Street [Wayne Duggan of Benzinga summarizes analyst opinions across the street regarding PG&E’s recent legal and political trivials.]( [(Benzinga)]( The ruling is a blow for common shareholders and means that there will be at least two options for navigating bankruptcy moving forward. PG&E’s plan focuses on using debt and equity financing to shield shareholders during bankruptcy. The bondholder plan involves using the majority of PG&E’s equity to pay off the company’s debts. [Click here to read more.]( Analyst Yves Smith looks at the political and economic forces that caused the current disaster in California and provides a gloomy prognosis for the future. [Unsustainable California: No Easy Remedy for PG&E Blackouts, Fire Risks]( [(Naked Capitalism)]( The horrid state of PG&E’s grid is an indictment not just of the utility’s management and operations, but on the lack of oversight by the state regulator and prosecutors who could also have put the boot on PG&E’s neck. [Click here to read more.]( [Special Free Report - 3 Stocks Are Poised to Go Up]( Our AI Algorithm has detected 3 stocks which have more than 70% probability to go up after Earnings Announcements. [Click Here and Get Your FREE Report Now]( Sponsored by StockEarnings.com Now a look at the human cost of the blackout to millions of Californians from Barchart. [California Utility Faces Gripes Over Deliberate Blackouts]( [(Barchart)]( Because of the dangerous weather in the forecast, PG&E cut power Wednesday to an estimated 2 million people in an area that spanned the San Francisco Bay Area, the wine country north of San Francisco, the agricultural Central Valley and the Sierra Nevada foothills. By Thursday, the number of people in the dark was down to about 1.5 million. PG&E, California's largest utility, cast the blackouts as a matter of public safety, aimed at preventing the kind of blazes that have killed scores of people over the past couple of years, destroyed thousands of homes, and run up tens of billions of dollars in claims that drove the company into bankruptcy. [Click here to read more.]( [This Asset Currently Trades BELOW Its Cost Of Production (And It’s Not Gold)]( by [Silver Doctors]( So while the market has been sitting below the cost of production for some time now, and it’s unclear exactly when these dynamics will change, for long-term investors it’s one of the best risk-reward profiles currently available. Because unless we stop using electricity as a civilization, prices are simply going to have to rise at some point. [Read more.]( [Leading news source says this has created 20,000 millionaires]( Sponsored by [Stansberry Research]( Something big is happening in America… and almost no one is paying attention. A multimillionaire has written a fascinating analysis explaining how so many are now getting rich. His write up is posted free on this website here… [Read more.]( [10 Stocks Trading At Half Their Book Value]( by [Benzinga]( Assuming a stock’s assets are valued correctly, book value is somewhat of a worst-case scenario for a stock. Unfortunately, as was the case with bank stocks during the financial crisis in 2008, sometimes companies overvalue their assets, making book value an imprecise measure. [Read more.]( Copyright 2019, Investing Channel, All Rights Reserved | [Privacy Policy]( [InvestingChannel, Inc.]( P.O. Box 118 New York, NY 10018. To unsubscribe, [click here]( [Link](