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National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.


NYSE:NGG - Post by User

Comment by bayoubuckson Jun 20, 2008 4:09pm
307 Views
Post# 15211028

RE: Did Scotia dump to paint the close red?

RE: Did Scotia dump to paint the close red?I've seen this manipulation before, usually preceding financing.  They short the stock and cover with the shares they get in the financing.  No mention of the need for additional financing, but it smells like it, literally!  Unfortunately, the people that can stop this kind of raping of the stockholders just don't give a damn about us little guys.  Wish they were elected, then we could do something. 
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