Its been about a day, sine they've last bashed FE.
And its still going up.
Look at their earnings from a year and a half ago to 3 years ago.
Now compare their estimated earnings for 2015 to those earlier earnings.
And look at the stock price back then,
earnings are up nicely.
they are projected to stay up through at least 2015.
You'll soon see FE is still undervalued.
We still have to worry about future interest rate hikes and lower energy costs hurt earnings.
I'm not sure why lower energy hurts energy companies. Yes, they will lower revenues, but energy costs shouldn't have any affect on their earnings, in a perfect world.
yet if you didn't buy 3 months ago, you'd be out 5 dollars a share.
stay tuned for their next attack, and I'll be ready to tell you what is really happening, vs their biased negative view.
By the way, I'm now making money on my highest FE purchase, something I thought woudnt happen for another year.
Keep posting realist.
You know, maybe market realist is code, and people seeing the negative bias are being told to buy.
Whatever is happening, its making the market realist look pretty stupid. almost as bad as cramers last 3 , late calls.
nhat earnings have rebounded.
the market realist keeps living in the past.
when you invest, base it on how they are doing now, not 3 quarters ago.
someone keeps belittling this stock.
I'd be wary of by whom, and why.
I do own a small amount of shares.
but I see the realist as trying to scare people, with ancient history.
the realist. 5 bashing posts.
if it had half the class as seeking alpha, they would have done one story abut everything.
and it still would have been dated info.
what are they going to rehash next, converting from coal ?
to me, it looks like someone wants the price lower, so they can scoop some up, as it rises.
the realist, in its fe bashing, is saying cramer Knows nothing. he knows nothing.
Completely agree, someone has an agenda and it appears they are trying to drive the stock price down. My guess would be shorts.
Yet their worst quarters were in the past.
And their future earnings are projected to be much better than last year.
Why do they keep reposting it ?
Do they have an agenda ?
Is someone paying them ?
Don't listen to me.
Go to your broker, and see the future earnings projections for 2015.
See if the past 2 quarters, and next years quarters, aren't better than last year, and earlier this year.
Don't let these guys con you.
I do own FE.
But these guys are spewing out right lies.
This is his MO lately. A "Cramer portfolio" article will doom him some day if it reaches the right viewers. For now, the ones cutting his paycheck love the enthusiasm he brings to the show and how he makes the average investor feel like a smartypants for looking backwards at good stock performers and calling them big winners.
I think they need to update their infrastructure before they increase their dividend. They can't even keep the lights on out in our neck of the woods.
Less than an inch of snow with no wind and JCPL (Just Can't Provide Light) is down for 5 1/2 hours. Unfortunately monopolies don't have to provide reasonable service. If you are an ethical stock owner, you shouldn't own this company. Sell while you can, because soon the power will be down again. This company sucks!
Finally the news is out, and indeed the BPU gave the judge yet another extension.I think 3+ years to decide a rate case is unprecedented.
@@@@@JCP&L RATE CASE SIDELINED AGAIN, COULD DELAY CUTS TO CUSTOMERS' BILLS TOM JOHNSON | NOVEMBER 25, 2014 BPU gives administrative law judge until end of year to reach decision in case that could reduce customer charges by one-third For the third time, an administrative law court asked and was granted an extension in deciding a highly contested rate case involving Jersey Central Power & Light, a delay that could hold up big reduction in bills for its more than 1 million customers. In approving the requested extension, the state Board of Public Utilities gave the judge until December 29, 2014 to issue a decision in the case, which makes it unlikely the agency will end up deciding before next spring.
it is beating the all the major averages. I don't think they will increase the dividend anytime soon. But with all the interest rate easing internationally I don''t think they will have to. At $40 it is still a 3.6% dividend. I could see FE hitting $40 if markets hold up, if not it has good dividend support. To me their biggest threat is wholesale market power prices. If they don't get rate relief it will cut into profits. IMHO
Well, still no news out a week after a decision was due. Looks like the OAL judge got another extension from the BPU to rule on the case. Unbelievable... FE must have some deep-running connections and powerful lawyers on their side.
Yeah! I bought Thurs @ 36.13 and sold today @ 36.33. Net almost a grand. So Far up over 30% ytd trading FE. I don't try to hold long term. But can be good day trades. Sometimes more than once in a day.