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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

Post by Rugger1on Dec 13, 2012 3:57pm
224 Views
Post# 20726880

Lets see what this can do

Lets see what this can do

I decided to give this stock a try.  There is some good news in that they have funding and a closed private placement on December 12th.  Also they have inventory that they can sell in the next quarter and much of their cost came from production problems that look to be solved going forward.  Like taking a gamble during tax loss season which this is.  Then again at 0.005 cents for a share (if you can get it) is a worth while shot. 

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