Exelon Corporation Message Board
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i am in at 90
when do you think it will go back to
that price.-
Sell half if needed right off ...buy back upper 30's low 40,s near 50 sell lower cost buy back few bucks below mid fortys
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i got in about there also..i think it was 74...oh well.. my brother is big shot at diablo canyon nuke plant.. he recommended it? says it is still good and he expects it to go back up. he does better than i do in stocks. magnus
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100 shares at 90 = 9000
200 shares at 40 = 8000
this equals
300 shares at 56.66 = 17000
So now your average price is 56.66 and this doesn't even count any dividends.- 1 Reply to nam_yats
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don't forget reinvested dividends. 4% in 5 years reinvested is not 20% but close to 22% :)
average down (if you believe) and wait 6-10 years.
good luck
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Hard to say. It may never go back there. EXC is my largest position- I'm hurtin' too. Bought in and out above $75, doubled down at $50 and then pulled back at $46. Bad move but I hadn't the stomach to let my brain do the work.
- 1 Reply to stockvagabond
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Stock is in trading range .... buy low sell5to 7% profit weekly or bi monthly
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10 years.
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90+ was way over priced. Should have sold but did not want to pay the tax. also did not think it would go as low as it had. but it still pays me a good dividend. been buying utilities for years. Use the DRIP and you will not go wrong.
- 1 Reply to danig_34
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The capital gains tax would have been 0% or 15% depending on your income level. Consider how much did you lost when the stock dropped. Better to sell at $90 pay the tax and get back in at $40. Remember that old saying never fall in love with a stock or real estate.
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buy more average down it pays an dividen you'll be fine with exc
- 1 Reply to wwertz03
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It does not have to go back to that price. At 5% you will recover in about 8 to 10 years with compounded interest. Meanwhile if you buy more, you will recover quicker. Stocks bought at highs which subsequently collapse are normal operating proceedures it seems.
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Hopefully you are averaging down..
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