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Consolidated Edison, Inc. Message Board

  • jazzlady1028 jazzlady1028 Jul 11, 2014 1:36 PM Flag

    Except for the dividend, Con Edison is really hard to hold on to - it's been depressing since late last fall!

    Why is this stock so crummy except for the danged dividend? I bought it just before the late 2013 dividend & have thus gotten 3 nice dividends & have noted the increase in it as well; but every time it seems to recover somewhat, it just tanks again. This is a blue chip stock & the market has been strong; so what's its problem? Maybe it is too "boring" for many investors? I'm annoyed by it but I will hold on to it for the dividends. At this rate, I need about 5 dividends to recoup my paper loss! I need to stop looking at the chart for it especially intra-day, for it always seems to start off "electric" in the morning, & then run totally out of "energy" as the trading day progresses!

    Sentiment: Hold

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