Results 1 to 3 of 3

Thread: Duke Energy Spinoff

  1. #1
    CountryBoy's Avatar
    CountryBoy is offline Planet TSP
    Join Date
    Mar 2006
    Location
    Peoples Republic of Ohio
    Posts
    2,373

    Default Duke Energy Spinoff

    Duke Energy cut dividends and spunoff Spectra Energy, which I received shares of. Now the question I have, Duke stock price has dropped almost in half from when I first bought it. Should I by more shares of Duke? Or just go ahead and purchase some BP like I was planning.

    This is my first spinoff/split, so I'm really not sure what to do. I'm leaning toward buying more Duke.

    Thanks,
    Rus


  2.  
  3. #2
    Birchtree's Avatar
    Birchtree is online now Hall of Fame
    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    17,314

    Default Re: Duke Energy Spinoff

    Buy more Duke. Do you know how much recreational lake property these guys own? It's a great company - and I may buy more myself at the end of the month.

  4.  
  5. #3
    CountryBoy's Avatar
    CountryBoy is offline Planet TSP
    Join Date
    Mar 2006
    Location
    Peoples Republic of Ohio
    Posts
    2,373

    Default Re: Duke Energy Spinoff

    Thanks Birch,

    I appreciate your advice, and will probably go ahead with the Duke buy and put off BP for a few weeks.

    Rus

    Edit: Yeah We drive down thru Duke country when we go south, lotta lakes.
    Last edited by CountryBoy; 01-05-2007 at 07:09 PM.

  6.  

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P 500 (C fund)
[Chart]
1d  5d  3m  6m  1y  2y
Dow Completion (S fund)
[Chart]
1d  5d  3m  6m 
EFA (I fund)
[Chart]
1d  5d  3m  6m  1y  2y
Bonds (F fund)
[Chart]
1d  5d  3m  6m  1y  2y