With Progress Energy and Florida Power and Light surrounding the service area I wonder when one of them will bid for TECO, maybe some other utility wanting presence in Florida.
Hell Yes!!!! In my opinion I think it is going to be FPL that takes them out (possibly) and strictly my opinion!!!!The shorts are gonna get screwed $30 take over target number ..get in now and mark my words!!! all opinion!!!
TE is a possible take over but I think WR western resources is a better TO candidate. They are going into wind energy in a big way also. Nice yield and profits to boot. At a low price. Rome
Yes, will probably be bought out in the furure at $18 per share.
"Yes, will probably be bought out in the furure at $18 per share. "Is that now the 'floor' level for TECO stock?Are you short this POS?
no way limited trade area. fpl ownsthe state and does not need te.no other ute is going to come in hereand battle fpl....fpl the cream of theutes.
A few years ago when I first bought, TE was on the acquisition list of SO. Maybe the time has come...I doubled my stake when it dropped to $16, and have a sell order for my original shares that may execute tomorrow if the stock continues on the path from the past couple of days.