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The Empire District Electric Company Message Board

  • The free fall has been alarming. But it has basically tracked with the market and other utilities. A market correction was probably overdue with $60 oil, huge federal deficits, and back to back expensive hurricanes. Probably not a bad time to consider adding to a defensive position.

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    • I am not concerned about the "free fall" here. I bought this stock for the DRIP. The high for this stock was 25 and prior to that it was 30 five years ago.

      Are you playing this one for growth? I'm not but if I was I would say buy at 22 and under and sell at 24.

      Not great money but I guess you could do that if you're trying to flip this one.I'm curious as to what you think the prospects for this company are.


      • 1 Reply to stlbirds82
      • The stocks fall does not alarm me. Like you I enjoy the stock's dividend and am a long term investor (3-5 years). Overall I do not expect the market to perform well over the short term. Huge deficits, a tightening Fed, $60 oil, have and will all create strong head winds. I much prefer to be defensive at this point. On a side note I purchased more EDE today. I find the current price appealing.

33.73+0.31(+0.93%)May 24 4:02 PMEDT