The Company's principal business is the holding, directly or indirectly, of all of the outstanding common stock of its eight principal electric utility operating subsidiaries: OE, CEI, TE, Penn, ATSI, JCP&L, Met-Ed and Penelec.
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This is a good short term stock for senior investors and a very good long term stock for younger investors. This stock price should be stable with your typical ups and downs over the next few months. If purchased now it should do quite well in the long run over the next 2 to 4 years. This is safe for seniors as I don't predict the stock moving down very much over the next six months. It may be driven up to a point for seniors to take the initial investment and move it to something else while leaving the profit ride. A good choice for younger investors who can afford to leave their money earn for them over the next several years so when the stock moves to around 50 they should also transition their position with this investment.