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FirstEnergy Corp. Message Board

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  • wall_street_mayhem wall_street_mayhem Dec 9, 2010 10:37 AM Flag

    geographic area

    Agreed. Believe this company and sector are being weighed down by treasury yields rising. Good thing though money is flowing out of treasuries and into equities with higher yields and more growth. Don't know how much growth we'll see and don't really care. I will be content with 6.2% here BUT, just don't want to see it drop more. I truly believe the time to buy is 35-36. Obviously 39+ was the time to sell not now. Don't think my 38 by Dec 25-30 will come in though. Good luck.

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    • Also, unlike much of the residential and commercial building power growth throughout the south in the last couple of decades this is growth in areas with existing under utilized electrical infrastructure. Translation: the power lines are already run to the industrial parks. The factory owners are just fliping the light switch to 'on'. Presto, more revenue for the utilities.

31.56+0.22(+0.70%)4:06 PMEDT