RE:RE:RE:BUY NOWDeanEdmonton wrote: Still headed downhill like a Bob Sleigh. Higher for longer rates on top of REALLY poor leadership is not this stock's friend.
DeanEdmonton wrote: Suhki - someone said the same thing at $12, $11, $10, then $9. Long and short. this is going to run in the ditch until a clear path forward is articulated and significant change in performance is evident. They also need to change out at least a chunk of the board members. Cheap compared to previous price does not guarantee it goes up a bunch anytime soon.
Sukhi19 wrote: You can not go wrong if you buy below $8.
For the utility portion, higher long term rates means higher returns on equity. It is of course delayed since it depends on when they submit rate cases. For example, if rate of return included in the rates was 9% when long term rates were at 2%, then it will be 12%+ with long term rates at 5%+.