Exelon (EXC) is a Chicago base utility with enormous missteps and problems. One big one, is they went on a 2 decade buying binge like AGNC did with 3% MBS, thinking they cornered the market, but in reality they got stuck with high cost nuclear power plants while natural gas has plummeted in price by 90%. Hence, they are the high cost producer and loosing out to the lower cost producers. This just one negative, many more. But at current prices after a 40%+ divy cut, they are still overpriced like AGNC and are $8 overvalued. This stock should be shorted heavily over $30, which I did, and I am shorting more even now. TARGET PRICE IS $22, YIELD AT THAT PRICE IS 6%.