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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 oldmtnmanon May 16, 2009 6:03pm
353 Views
Post# 15998460

RE: Outside Looking In

RE: Outside Looking Inharvard, glad to see you're still looking in - it's pretty quiet in here and I'm in agreement watching NGG is pretty much a soap. This past few days there seems to have been a fair number of Anonymous Sales, chunks of 30 to 50,000, I hope they're Macmin shares. I've also noticed Merrill Lynch on the Buy side for a considerable number of similar sized blocks so they must have a Buyer - maybe that's Lihir(?), if not there is someone else who still sees value in NGG at this .18 level. You know, harvard, I still think Robert McNeil has remained positive through all these faltering mis-steps - I can see absolutely no way he has made money, most in his position would have been promoting the heck out of the drilling results causing up and down volatility in the share price and doing their level best to shear us little sheep. I think he still feels he has to continue on to achieve his payday.

With the mess the world has gotten itself into this past several years many profess we're in for inflation in a big way and suggest the price of gold will soar. I've been hearing for a considerable time the junior mining sector is going to get hot yet the trend has been negative in a serious way. Obviously no one knows for certain but I guess I'm hanging in with NGG because I think gold will fly and the junior sector will rev up too. I sure hope so.
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