Too big to fail? Been watching this company all summer and could not resist this morning. Bought a 100 shares despite the cash crunch it should see over the next couple years. If it breaks $32 I'll double up.
Do yourself a favor and wait for $30. Don't make a three year purchase all in one or two days. Space it out over at least a week or two. At this point there is a 70% chance we hit $30 by the time this is over.
37 watts of nuclear generating capacity for $32.50 in stock plus $14 in debt is a great price. It is a price that will probably get better.
You don't need to wait for $30. You can sell short the $30 Apr put for $1.00 today and if exercised, you will get the stock at $29. If not exercised, you have $1 cash in your pocket to protect against a potential dividend cut in 6 months.