My thought is that their may be a dividend increase from .55 to .60 per qtr. Financials show that this is easily attainable. This would keep current div above 5%, which is what many are looking for in a consertive investment these days. Someone probably knows something & let the boat leak. I sure wouldn't sell in short term. Just my opinion.
Dominion (D) expressed interest in buying (PGN & DUK) conbined at a 10% premium, but were not interested in hostile bid, may they or Warren Buffet may be interested, just a wild guess, nothing to substantiate!
that is not alot. only a little over 1M dollars if it is all buy order. Any insider can have that kind of money. Picking AH to do some insider buying trade is too obvious. If SEC doesn't catch it, I will report it myself.
Youre kidding right SEC are shills. If a little guy traded it maybe but thats a lot of size so its probably not a little guy so the SEC says move along nothing to see here. I try very hard to not be a cynical person but the SEC is just not doing the right things and FINRA what a joke. I can regulate myself too. SEC cant implement the short sale rule again or bring back glass stegall because its a process its not so simple yet they took them away almost overnight.
I have no idea what is going on. I read about FE around a couple of weeks ago when it was trading around $39. I initially bought 1K shares and then added 250 more when it was just over $40. Today, I was going to add 1K shares on the dip but chickened out......darn. But, still have to be happy with the recent appreciation and dividend due the end of the month.
I know there is a lot of M&A going on with utilities but I'd be surprised if FE gets bought as they just merged with someone else.
Tomorrow will be real interesting eh?