Go ahead and buy this stock at $55.00. You'll regret it. You look at recent income statement, income from water is up because of the new rate case. Expenses are down because of the layoffs. To grow a company, you have to acquire new business. Have they acquire new business on the regulated side? Cutting cost is a way to boost your income statement. But, to really grow a company, you need to increase sales (customers). Since GSWC has not done over the years, how can you justified a stock price increase of 35%. Sooner rather than later, the stock price will tumble.
Go ahead and cover your short position here at $55.00. You've already regretted it. You look at recent price action, it's up a LOT because of lots of smart people buying shares. Your profits are down because of the lack of a brain in your head that should have easily seen the trend setting up and taking off. To grow an investment account you have to be intelligent and have some idea of what your'e doing. Have you acquired any? NOOOOOOOOOOOOOOO! HA HA HA HA! Furthermore, if you'd stop FARTing in the tub, there'd be no bubbles. ha ha ha. :o))))) But, wait a minute... those aren't farts; that's the sound of your voice. Oh well, same thing. What a COLOSSAL WASTE of time you are here on this board. You cry like a BIG BABY and nobody is paying you any serious attention. You obviously are short this stock. WHOA! What a LOOOOOOOOOOSING position that has been for you over the last few months! And, if you're neither long nor short the stock, then you need to take your crybaby whining someplace else. That, and, change your nick from "im_sumo" to "im_dumbo" HA HA HA HA HA HA!!!!!!!!!!! Yep, I'm laughing at YOU.... and, laughing my way all the way to the bank with these AWR profits!
And those are...
THE PURE FACTS