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

Posted on 2/23/12 at 1:20 pm to
Posted by Chad504boy
4 posts
Member since Feb 2005
167014 posts
Posted on 2/23/12 at 1:20 pm to
quote:

I bought ETR yesterday but when it went up over 50 cents/share within an hour or so I sold it. Glad I did as it is down today. I just couldn't pass up making several hundred dollars in a matter of 90 minutes. I'll buy it back soon.



You have a target price for this? I'm thinking of getting me some too.
Posted by LSURussian
Member since Feb 2005
127112 posts
Posted on 2/23/12 at 1:29 pm to
quote:

You have a target price for this? I'm thinking of getting me some too.



Not really. I know I'm going to add it to my dividend portfolio at some point as it is now paying almost a 5% dividend yield. It's a funny stock to watch. It trades daily in an almost perfect sine wave shaped pattern. I was busy doing something else this morning when it went down to $67.07/share. Thirty minutes later it was almost up to $67.30. Right now it's back down to $67.20. Compared to DUK, ETR is extremely volatile.

Their dividend should be sound short of a nuclear meltdown at one of their power generating locations.
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