With almost a 6 percent yield and with the recovery in America continuing , FE looks like a buy here. The Crisis in Japan is giving us bargain prices for some utilities like FE....IMO..
i have owned fe about 15 years for the life of me how did it get to low 80s and drop as low as it has and will it ever get any traction and see the 60s i begining to think it was some kind of accounting trick.any ansers out there
YOU ARE FULL OF IT,,,,AND ARE probably a short seller or are with an institution that is going into accumulation mode before the next dividend is isssued...ore even worse, an investor with no clue..even Obama said (and i didn't vote for him) said just recently we (the US) have to push all alternatives of energy...to become energy independent. He has already found out the hard way what happens to an economy when you listen to the far left environmental radicals...by the way, I don't think Lake Erie is going to produce a tsunami or a 9.0 earthquake anytime soon. Do YOU????
Agreed. I live in Western MD with Allegany Energy. I bought into FE after they bought AEP. Here's my perspective. I'm going to be paying FE for my electric so why not invest in them, receive their dividends and put that towards my electric bill. So, in a nutshell, I will be paying my electric bill with dividends FE pays me for investing in them. It made some sense to me.