They are not going to cut the dividend. I know this is a fond wish of the shorts on this board. A lot of these stocks are down today. (a sector weakness)
Wait until the first snow fall, EXC will be back to $40.00....IMO
WAIT for a hot summer....WAIT for a cold winter...
WAIT TILL HELL FREEZES OVER....
Sentiment: Strong Sell
Maybe they will say something today at the conference...because they are going to have to raise cash to pay for it
If I was reading the news correctly didn't EXC sell some coal fired plants in California to the Japanese?
EXC is earning enough to pay their dividend. The problem is the merge expense that Consullation cost the company. EXC will be just fine when the dust clears.
THE GOOD CHICKEN
Sentiment: Strong Buy
like what? Look out below?