07-29-2019, 07:15 AM
(07-29-2019, 02:31 AM)rayray Wrote: In fenders list I wasn't familiar with AEP so I looked them up...interesting read with lots of great pictures--History!
https://www.aep.com/Assets/docs/about/AE...Energy.pdf
One of the best Utes in the country IMO. I actually owe Jim Cramer for this one lol. He's had the CEO on his show a number of times over the years. AEP has been able to grow better than the average UTE, without putting themselves at increased risk like SO etc. Looks like its going to take more time, but I will build it up to a top 5 position in the end. I've been selling AEP puts for a year, but they keep expiring worthless because UTES just won't pull back. So I take the income for now and try to remain patient. I would have been just as well off to buy more a year ago, but my crystal ball has failed me once again.
