Tuesday, April 6, 2010

More PPL

Pennsylvania Power & Light (PPL), sporting a 5% dividend, at its channel low of 28 and only 25% from its 5 year low versus nearly 100% away from its 52-week high.

Risk is low, reward is high. Near term price target -- $32.50 (top of the channel).

Long term price target -- $42

Buying 2 more lots

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