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05/11/07
20:38
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Hey:
One with head in clouds and probably up you know where too:
You posted:
"HH going spaz $8.63
fish called $4 "
You STILL don't know the difference between HH Spot and HH Futures!
I called HH Spot to hit $4. It didn't. I was wrong.
BUT For your information HH Spot is not $8.63. It was $6.58 on Friday. See:
http://www.bloomberg.com/markets/commodities/energyprices.html
Futures prices means diddly squat as companies sell at the hub based on spot prices.
And I'd really like to know the terms of the debt package that PSA is going to get to fund the purchase.....terms are probably 10% for the rate!
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