DTE Energy Company (DTE)

[Airelon]

This is not one that's in my long term dividend DRIP portfolio, but it's also in my watch list, and has been for some time.

My father-in-law works for Fermi II nuclear plant, so I have a lot of interesting conversations with him in regards DTE, the moves they're making as a company (50% of it is not electricity production). They've been making a lot of moves into purchases regarding Natural Gas, and Alternative Oil sources for like, the last 8 years. I've been watching them for a while, and it's getting about to a spot where I'm thinking of an 'introductory buy' (just 15 shares or so). My time frame is around 15 years.

[Fredledingue]

Good one. By the chart it's a good time to buy.
PE is very low, dividend above 5%...

Too bad I don't have enough money left right now for another aquisition (I mean for one more ticker in my portfolio - Actualy I'm in averaging down mode with existing positions ).

[Airelon]

I wouldn't buy in right now. The next few months are going to be key.

Heck, I'm not going to be much of a buyer for the next 9 months. I'm expecting 35% drawdown from the bear market on the market overall. I might take a nibble here and there, but nothing major. My biggest position remains cash.

[Airelon]

Ok, that didn't last long. I bought some the other day at $40.21. Just an introductory buy though. Nothing major.

[Airelon]

Though it's worked out quite well. High $43.00 range at the moment . . .

[Fredledingue]

Nice bottom fishing indeed.
I might buy some on weakness (if it's not too late, if it doesn't go the FRO's way).