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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 Jun 29, 2009 5:19pm
221 Views
Post# 16106807

RE: RE: RE: MacMin holdings

RE: RE: RE: MacMin holdingsI wasn't questioning you as far as the September date is concerned, just commenting it seemed those 7,000,000 shares were liquidated( I think it was a cross trade) more recently than that. Time flies when one is having fun, I guess although this really doesn't seem like a fun situation. Truthfully though, when you reach my age time seems to fly whether you're having fun or not.

I hate to think of IR making up a story, saying in an Email shares were being sold if they weren't. If I find out that was the case I would think that might tip my judgment toward thinking NGG might be a speculation not worthy of further support.
I don't  know if it might be possible or not - could there be any way the liquidation of shares by the Macmin Silver trustees might not legally be an Insider transaction? If they're not dumping I would agree that would tend to appear at least somewhat reassuring but it troubles me to think they might not have been able to locate a buyer for any of those shares over the last 9 or 10 months.
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