Are you saying you could have covered your short before the price went to $27 after the announcement was made? Fast execution that.
It is blatantly obvious that the MD PSC decision was leaked prior to the public announcement. It should be very easy to determine who was trading on non-public information. Low hanging fruit if the SEC pursues it.
Wonder if the shorts will have to push the price well above $27.25 in order to cover their positions. The short interest in pom is huge.
The stock climbed today indicating this has been an effort to short the stock for profit. Now, we have a short covering rally. If the staff has ripped off Exelon for $150 million, another few million to might be sealing the deal.
I'm guessing it's already been released to insiders based upon the action of the stock. But still no public announcement that I've seen. I guess the public will never be given a level playing field with the insiders
The merger will go through
it has all the pluses for PHI reliability , because of bigger base.
It does make economic sense for Exelon
As long as cheap money is there for them to borrow.
Dividend is paid after paying taxes
Interest payment comes before taxes are paid