I agree. I wouldn't put the kid's 529 plan in this, but at some point you have to ask yourself if the current stock price is totally overdone to the down side. The utility is highly leveraged and certainly stumbled on some acquisition strategy. But if you think they'll avoid bankruptcy (I do), there's tons worse ideas out there to put some idle cash.
It's very fitting that this gem has no message board chatter. Like the place its name for, this baby's 4.6% yield is a thing of natural beauty. I don't mind that it flies under the radar but a little attention wouldn't be such a bad thing.
c'mon folks wake up. you check your money market payout lately ?
I got in at 5.70 on Thursday and Guess What? I'm starting to get nervous already. today's price action was particularly ugly. This thing can't seem to make a bottom. My stop is 5.20 which quite possibly could be Monday.