Behind The Idea

Behind The Idea #56: The Forces Behind PG&E's Bankruptcy With WYCO Researcher


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Since we spoke about PG&E a few weeks ago, the company has filed for bankruptcy and the stock has basically doubled. Those are usually not successive acts in a one-month period, so what's going on? We ask WYCO Researcher, a Seeking Alpha author and expert on bankruptcy proceedings, to walk us through the PCG's fall, the recent stock price rise, and why there's still a lot of money to be lost for shareholders (in his view).
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Behind The IdeaBy Seeking Alpha

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