Mulligan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 3, 2009
- Messages
- 9,343
Preferred Stock Investing-The Good , The Bad and The In Between
I dont think so... I certainly didnt sell because of any company strife. If it hadnt had the bump I would have held. This was just set up for a classic flip trade due to quick selling pressure. That was my original purpose. I also own IPWLK so for long term purposes I dont wont to be over concentrated in it long term as I am keeping IPWLK in my permanent stash.
AES-C and IPWLK ultimately share same parent...Though IPWLK is modestly ring fenced with its original parent IPALCO....AES bought IPALCO about 15 years ago, and IPALCO is essentially IPL (IPWLK).
Any reason for others to sell off this security so soon after buying it?
I dont think so... I certainly didnt sell because of any company strife. If it hadnt had the bump I would have held. This was just set up for a classic flip trade due to quick selling pressure. That was my original purpose. I also own IPWLK so for long term purposes I dont wont to be over concentrated in it long term as I am keeping IPWLK in my permanent stash.
AES-C and IPWLK ultimately share same parent...Though IPWLK is modestly ring fenced with its original parent IPALCO....AES bought IPALCO about 15 years ago, and IPALCO is essentially IPL (IPWLK).
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