Seems like people have gotten wind of the split speculation and have begun driving this stock toward 60.
Split or no split in the near term, the focus on DUK will be driven by earning's expectations. Surprisingly enough, DUK actually has come in below expectations in recent quarters. Of course, a lot of this has to do with the PanEngergy acquisition and some of the costs DUK encountered from severe weather.
But you don't get in the way of a steaming stock, and DUK right now is at full throttle. I'm still in the camp that says a split in imminent and warranted.
If nothing else, DUK's share price would make for a great prop bet in Las Vegas tomorrow night. As in will Syracuse score more points Friday than DUK's closing share price when L'Orangemen face DUK-E?