I've been long this stock a couple of years now. I like the dividends. And I could care less about little ups and downs. But I've been expecting a BIG upside breakout and it looks like it finally happened.
I suggest you look at the stock chart. You'll notice that $46.50 has been strong resistance for the last year now. There's another resistance level at $48 back in late 2009, but if it breaks that too, then there could be upside well into the 50's or even higher.
Utilities are set to prosper as energy demand grows along with the economy. FE was up in the 80's less than 4 years ago. It could get back there pretty fast if economic growth continues. I've made good profits off utilities in the past. I expect to continue to do so. The dividends are just icing on the cake.