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Exelon (EXC -2.1%) shares are under pressure again, and the day's volume already is more than...

Exelon (EXC -2.1%) shares are under pressure again, and the day's volume already is more than double its typical average, as investors evaluate the fallout from Hurricane Sandy, which affected many regions in which EXC operates, plus Q3 results and the possibility of a dividend cut. EXC also filed pro forma H1 results, which includes Constellation Energy.
Comments (2)
  • MexCom
    , contributor
    Comments (3050) | Send Message
     
    The volume was less than the previous day sell-off. Today it staged a classic selling climax reversal. Hurricane damage in its service territory was minimal compared to PEG & ED. Increased costs are allowable for certain rates being charged.

     

    The decline in the stock price has been equivalent to a multi year dividend omission. Dividends had been declared and payable Dec. 10. No dividend cut has been announced.

     

    I added today and profited from today's purchases.
    2 Nov 2012, 04:36 PM Reply Like
  • cdeligdisch
    , contributor
    Comments (2) | Send Message
     
    Seeking Alpha has done an excellent job in keeping me posted on EXC developments. It prompted me to sell my recently acquired EXC and although it cost me 8% in losses at 79 I am better off to be out of it. Thank you Seeking Alpha
    2 Nov 2012, 07:24 PM Reply Like
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