PG&E (California power co) stock at record low. Citi warns it could be worthless. Down over 28% today alone.

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Shares of PG&E Corp. plummeted on heavy volume to a record low Friday, after Citigroup warned that the latest California wildfire, which the utility may have helped start, could render them worthless

It has dropped over 90% from this time last year.

California government must be really proud to bankrupt a major utility.

They are becoming a mirror of Venezuela.


Now over 28% down today.

Panic selling


SAN FRANCISCO — Pacific Gas & Electric expanded its power outages across Northern California to nearly 1 million customers, meaning well more than 2 million people are in the dark Sunday.

This is going to lead to a mass exodus from CA

Texas and Florida get ready, cause here they come.


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