07-05-2020, 06:29 PM
(07-05-2020, 05:02 PM)divmenow Wrote: D becomes a sell now. This is stripping Dominion of valuable assets in exchange for much needed cash. The deal with Buffett is good for Berkshire and bad for Dominion shareholders. Time to switch D into DUK
I agree this was a bad deal for D shareholders. But lets give credit the Mr. Buffet. Great deal for him when everyone wrote him off. I don't know which way D will trade on Monday but I feel it will be down at least 4-5 points. I just hope it allows me to get out with a minimal loss.
I will be selling on Monday in favor of another Utility.