I owned this stock in the high 20's and low 30's and can't figure out if this is a buy or sell. Divy gets cut and the stock goes up? When they were paying a %6 divy over a year ago the stock was in the mid to high 30's. I see EXC as dead money at best but is it a good short or a good long-term buy? Thoughts anyone!!
I guess your partially right, that it isn't really dead money,IF they are paying a divided. That dividend is by no means guaranteed, and some think it might be cut again or disappear. (I think it will stay in some form). I would rather put my money in a stock like Intel, which a lot of pro's think is dead money, and have a higher divey and they have the cash to pay it essentially forever...Investing 101