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Consolidated Edison, Inc. Message Board

  • wannabe_penguin wannabe_penguin Jul 23, 2004 2:32 PM Flag

    Con ED must be a buy here under $40

    The Nasdaq is threatening a major breakdown. Money flow is going into some utilities.

    I bought in today, and hope the market finds ED underpriced. We will see.

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    • What do you mean by:
      "Be advised, I'm extremely suspicious, but would like to know."

      I think Ambient has both potential and problems, but will not divluge any insider/NDA info...just looking here for anyone who knows of analysts tracking the stock.

    • wannabe,
      I personnaly think it's a Steal here..... I bought a ton at $40.02 just before the last dividend, & 2700 more two weeks ago at 39.63. Where can you get 5.6% on your monies while you wait & be taxed at 15%....? Plus everything I read is Excellent & being a New Yorker, I see the Growth & Health of NYC....
      On August 11th, we'll pocket another 5.6%, & I see several points upside to it, based on the Excellent numbers reported on Thursday.. Just look, Market DOWN terribly yesterday, & Con Ed - UP .22 cents. I'll take it anyday, everytime.
      HAPPY Weekend to you, & Buy all you can, I have & plan to but more, as monies become available...:-)
      mvc

 
ED
61.10+0.28(+0.46%)May 6 4:00 PMEDT