He's also bought electric utilities in recent weeks, including Allete (ALE) and NorthWestern Energy (NWE). The two trade at a discount to other utilities based on his valuation metrics. Schier likes their opportunities for building transmission lines to connect wind farms to the interstate grid. Such projects are usually regulated by the Federal Energy Regulatory Commission, which tends to offer a more favorable regulatory environment for investors than do state commissions, he says.

raised quarterly dividend, and its fourth-quarter profit climbed 15 percent.

?income

Stock price is at a record low when originally purchased the stock. now it is even lower in price. I'm holding until shares go up in price.

shorted

-89%

Downgraded by Stifel Nicolaus from Hold to Sell
Downgraded by Jefferies & Co from Hold to Underperform

Short position added 2.22.2007 and added to on signs of PPS increases above $15.50.
Believe it is in very bad shape and risk reward favored shorting

Upgraded by Bear Stearns from Underperform to Peer Perform

Upgraded by UBS from Reduce to Neutral

div

Bought way before the subprime mortgage crunch; looked good at the time. Lost over $13,000.

Dividends until the crash

ugh! just before the fall...dividend

lost money

Implosion

Going BK

Got Burn't

Going to 0

New Century Financial, a California subprime lender, said accounting errors had caused it to lose track of how seriously some of its mortgage loans are losing value.