Dynegy Turning Profit

Today Dynegy (DYN) turned a profit for me. I bought this stock a few months ago and was soon riding a 25% gain, until they paid off debt which pulled from their bottom line. Since paying off debt is GOOD in the longrun, I held on.

Shorter term investors hated the news and dumped the stock. Ulitmately leaving me with a 16% loss.

You can see that Dynegy has been recovering from the announcement. I plan to hold Dynegy for a couple of years as natural gas will be a hot commodity soon.

I am back in the black with Dynegy, and hope to be for years to come!