i've had it. i liquidated total POM position. worst investment of mine this year. bottom of the barrel. a bad holding in a dropping utility sector. recipe for disaster. ended up selling off ALL my utility stocks. ED, POM, WEC, and TEG. i made good capital gains on all except for POM. you know, the high yield only due to a plummeting share price. took my beating and went elsewhere. bought into WY and SE. while dividends are half what POM is paying, they are secure and PPS should climb there. Good luck to you all.
June 27th 2013
10:50 EDT POM Pepco Holdings initiated with an Underperform at BofA/Merrill
July 1st, 2013
BTW, Rigby Joseph M who is Chairman, President & CEO at Pepco Holdings, Inc. (NYSE:POM), sold 25,000 shares at $20.38 per share for a total value of $509,558. The shares recently traded at $20.16, down $0.22, or 1.08% since the insider sale.