On October 26, 2015, I sold my entire holding of PNY (14 shares) at $57.75 and bought 22 shares of the Southern Company at $45.58.
There is nothing wrong with PNY. It's a great utility but I distrust DUK. I could have waited for the $60 buyout but the buyout is closing in 2016 and my taxes will probably go over the 25% range next year so I took it for tax avoidance (being single sucks).
- high debt
- corruption. I mean a lot of corruption
- Ohio lawsuit
- Coal ash in people's water
- edwardsport plant
Total dividend fund stands at $2169.14 + FCISX distributions.