Ticker: SO
http://www.google.com/finance?q=NYSE%3ASO
I heard on the radio today one of their wholly owned subsidiaries is going to request an $800 million rate increase this summer for the state of Georgia to go into effect 1-1-11. That would be for Georgia Power, and going into effect during the same quarter it just reported record profits for (cold winter in the south).
It’s near it’s 52-week high of $35.45
EPS 2.50
Div Yield 5.24%
I’d be in this until I was up 10% and then get halfway out.
What would Skinneej do?