EIX Edison International

$EIX this needs to go back up already. Regardless of this wildfire bill the company will be fine the cost will just be past on to rate payers . Same if the liability is on insurance companies cost will be passed on to rate payers.

$EIX back in this this AM. The yield here is bananas and energy costs are only going up along with the future demand in energy. What is not to like?

$EIX is their game plan to publicly flounder on the wildfire legislation while buying shares up on the cheap then passing it later?

$EIX I cannot decide what the last two days' movement in EIX is: both days it has plummeted to start, both days finished basically flat. My brain suggests that this is people reacting to the basically self-serving Muddy Water (well-named) news and someone's algorithms picking it up after the fall at some number. If the algorithms are kicking in at around 53-54, that's a good sign for bulls.

$EIX Muddy Waters under water on day 1 of its attempt at market manipulation. Homeowners in a heatwave don't want their power cut every time there's a stiff breeze.

Short seller Muddy Waters Research alleged that Edison International could face more than $20 billion in liabilities related to the January 2025 Eaton Fire in California, which killed 19 people. The report claims that subsidiary Southern California Edison knowingly ignored wildfire risks and failed to de-energize transmission lines despite forecasts of severe winds ahead of the blaze. Muddy Waters argues that Edison’s Fire Potential Index capped wind-speed inputs at 46.7 km/h, preventing the model from distinguishing moderate winds from more dangerous conditions. The firm says Edison identified problems with the model in 2019 and documented them in its 2022 wildfire mitigation plan. Before the fire, the National Weather Service forecast sustained winds of up to 80.5 km/h and gusts of 129–161 km/h. Although Edison shut down three nearby distribution circuits two to three hours before the fire began, it left four high-voltage transmission circuits energized. $EIX

🔴 $EIX 52.5P Jan 15 💰 $162,400 premium 💵 $3.5/contract 📊 0.1x Vol/OI 📍 Spot $55.56 💰 Large premium | 🚨 Repeat sweep 🌊 Dark Flow | Options Flow

$EIX 🦞 $EIX — New position Bought today at $52.63 for my personal portfolio. Looking at this as a swing trade. Interested to see how it develops from here. I’ll post my exit when I make it. My trade — not financial advice. on Instagram