Since the Share subsequent offering and the payig of the recent dividend EDE has seemed to recover it's price valuation right up to the 50 day moving average line. They should be OK on revenues in the next couple qtrs on A/C peak loading and nat Gas still depressed. But they probably have fuel hedges on that at these prices are hurting them. As the hedges come off and the dividends are continued with out a cut if that is possible EDE is looking like a market perform. I would not buy here but in a W market move/consolidation before the start of the next bull market I might add some shares. A dividend cut would certainly be an opportunity to get in as we can see how strongly the shares have rebounded from after the subsequent share offering. Some other of the usual suspects still hanging around their 52 week lows with good distributions are a few internatls like HNP, CPL, EONGY, AES-C, GLHIF, and one with a strong move off it's recent reporting of 4th Q and 2008 year end results ATPWF. The ERH Closed end fund with a 3% discount to NAV still looks attractive as well. Yahoo cumulative researh gives EDE a 2.3 which is not too bad.