RE:An Interesting Cycle...I agree with you in general ,however, I'm holding my IPL overweight position because once PPL gets the stock price momentum it should, and with a substantial period of time before this merger can happen, I also win by getting at least a 0.5 share of each PPL for my IPL. If I thought the IPL price was getting way ahead of itself that could create some pressure to reduce my position, but right now it seems like it will hold in a tight range linked to PPL. The best outcome I see that appears to be what PPL investors are sharing, is that PPL rises to $48 giving everyone the win that they are hoping for. The worst scenario would be that the Brookfield offer is accepted as is, but we will know soon as their timeline is short.