what rock do you live under, dividend was cut long ago, EXC's payout ratio is only 55% compared to Dominion
which is 80%. I don't see where you see a cut coming.
I would say that could be an easy question, shorting November 1 += %15, answer is how much more can you
squeeze out of a utility? They would give it all back if merger was approved..
They are bottom feeders in no hurry to not wait and get the lowest prices. Also at the same time, they are looking for some block sellers who are leaving for tax purposes or year end
The large accumulation by institutional trades are almost always done away from the market or the art of having
market makers manipulate lower prices in order to fill buyers much lower than joe trader. it is insane under the
current market conditions, investors are still willing to pay outrageous prices for junk stocks with no dividends.
Congrats on Wisconsin, Just brought into EXC as they have good presence in nuclear power. I think that is where its going eventually and New York just started a program to upgrade all of these generators. I also noticed
there has been some significant institutional buyers of EXC.