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Thread: Disastrous news?

  1. #1
    Join Date
    Sep 2001
    Location
    Wateree, South Carolina
    Posts
    48,865

    Default Disastrous news?

    The same hedge fund that bought and stripped Cabelas before selling the carcass to BassPro, has now bought a large chunk of Duke Power. They are already calling for the Company to start selling off assets...

    https://www.charlotteobserver.com/ne...251485288.html

  2. #2
    Join Date
    Mar 2002
    Location
    Summerton, SC
    Posts
    5,675

    Default

    I hope they don’t allow it.
    "You are Citadel Men, you have no pension for failure, you wear the Ring, you never let a friend down, you will be good fathers, husbands, and leaders in the armed forces and industry, you are strong in heart, body, and mind. You protect such things as Honor and Fidelity. Your virtues matter not only in wealth, but in the richness of family, you are the last of the knights."
    - late President Ronald Reagan

  3. #3
    Join Date
    Sep 2001
    Location
    Wateree, South Carolina
    Posts
    48,865

    Default

    Me too. I guess we can hedge them right back by investing in candle makers...

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