Seeking Alpha
  • J Mintzmyer
    Worries on EXC might be overblown. With a 50% divcut, still good yield in this environment. My guess is 'maybe' is ploy to ease creditors.
    11/1/12
    Reply (6)
    • Energysystems: With a 50% divi cut, EXC shares will go into the 20s. I don't see a divi cut happening, NG is rebounding and that will continue imo...
      11/1/12
    • Energysystems: If(IF) BO is re-elected that will only better position EXC with the Administrations anti-coal position. I just got in today on the drop btw
      11/1/12
    • J Mintzmyer: Good buy- 50% dividend cut would send EXC into the high-$20s agreed. I was using a drastic scenario. EXC is hurting on fcf, huge capex -cf.
      11/1/12
    • Energysystems: I've set up limits that would(should) only be filled if it happens to fall that low. Legging into a position, I've been watching EXC for...
      11/1/12
    • Energysystems: over a year. Finally got to where I jumped in. It certainly has some hurdles ahead of it but the underlying story is of a behemoth.
      11/1/12
    • J Mintzmyer: Selling some long-term covered calls and/or unsecured puts (if you want to take the risk) could work if your position is large enough.
      11/1/12