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re: I'm getting bored with day trading. So, I'm going to create...

Posted on 2/22/12 at 3:00 pm to
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 2/22/12 at 3:00 pm to
quote:

ETA: I just bought 1K shares of ETR (Entergy) at $67.26 for a yield of 4.94%.


I like this buy

ETA: ...wait a minute ....post forthcoming
This post was edited on 2/22/12 at 3:03 pm
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 2/22/12 at 3:04 pm to
LINK


quote:

I tend to shy away from all utilities just because they are at the mercy of politicians (PSC, for example) for their profits.

Plus, I personally think (this is just my perception, not based on any empirical data) that Entergy is a terribly managed company. They are constantly going before the PSC asking for rate coverage of their "mistakes." My personal experiences with them after Gustav last year taught me they can't find their butts with both hands.







Glad to see you taking my advice old friend !
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