Thanks for you confidence Connie. Your killing me; your price was $17+ and sold at $25 plus the same day. Oh me. not bad for a days robbery.
Do the math folks.
INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS Date Insider Shares Type Transaction Value* 8-May-07 LAU CONSTANCE H Officer 16,700 Direct Option Exercise at $17.61 - $17.63 per share. $294,0002 8-May-07 LAU CONSTANCE H Officer 16,500 Direct Sale at $25.34 - $25.61 per share. $420,0002
Don't they have a SEC ruling that would preclude these snakes from doing so? They have paid the dividend continiously since 1901. They should sell or spin off the bank and get to work on their core business.
I hope we are forwarned of any potential sell off by the Board of Directors.
HE is not gonna close their doors and go bankrupt. They claimed all losses incurred during the last quarter was money being spent to upgrade the electric stations. As far as the banks problems their excuses just stink. With that said HE has about a 95% lock on the power business and that is a monopoly that always generates profits.