I have just signed on for e-mail and didn't have a clue there was this kind of communication out there. This is a small company and mostly locally owned. The large utillities have so many investors it would be much easier to have a bigger forum. Sorry for the lack of interest. Any thoughts of what de-regulation might have on a small mid-western electric company?
Might be due to selling by those who expect a dip after the dividend date. They get a long term gain vs. fully taxable dividend. Noticed this at the same point last quarter, which turned out to be a buying opportunity. So this time around I bought. Just a little for now... with the interest rate worries out there. Will buy more later to be in for the eventual buy-out.
Any opinions why EDE dropped so much today? All my other utilities were up. EDE usually doesn't go up or down more than about 1/16 to 1/4 or thereabouts. But today was a real shocker. If anyone has any ideas, I would appreciate hearing them. Thanks
WR would be a natural candidate to buy out EDE. If I remember right they allready have a contract to sell power to EDE. WR is one of the names that has been brought up over the last 20 years in buy-out conversations. Actually they could probably buy EDE with their petty cash fund. The combination power plant should be a good thing for both. I can't see why not.
Welcome aboard. Glad you finally got "hooked up". Looking forward to "talking to you". I will say I made a mistake about my cousin being station master at Parsons. It was Angola! The old memory isn't what it used to be. But, then, what is? EDE took a little slide last Friday but the market looks pretty good this a.m. Two of my other stocks which took a dive Friday are up substantially today. Hope to see you on board.
Welcome aboard. As you can see this is probably the slowest board on the internet. I check it every day though "just in case". I assume you have read the posts on this board since it is such a short one. Piddler2 and I have gone to regular e-mail since we were the only ones who were doing anything on this board. If you live in the EDE area you may pick up on some information that we who don't might not hear. Would like to hear from you if you do. Glad to hear there is "life" out there.
I have lived on Empire most of my life and still do. Has good service and very low rates. There has been rumours of take-overs for as long as I can remember. I'll believe it when I see it. They are trying to expand into other "services". Might be a good deal for them to diversifiy.