I am buying now and will buy more under $6 until I hold 5000 shares. Holding for at least two years. $2000/year income. Poison pill or no poison pill AT will be acquired. I bought BAC under $7 until I had 5000 shares. My 35K is now over 60K. Buy low. Sell someday, maybe not. I know how to wait.
I saw the dividen cut coming (a few other are also coming), sold at a break even (excluding - Dividends) - started buying at 5.80 - got my 5K shares and will add another 5k if it drops more/or stabilize - I am here for the Divy, if it grows the better, if not ok.
Sounds goood to me- I know how to waite too-
The Posion pill will not go thru- it has to be voted by the shareholders and also I read a article in seeking alpha that it would not fly-
I feel DUK will be the company to buy AT since they just sold PATH 15 to them. - AT is an attractive company being the only Utility company 97% Clean.