I'm hoping we hear some sort of news expanding their business reach into other areas when they become Western Resources next month. I'm also hopeful that might translate into news that's favorable for a move higher in the shares. I suppose that will depend on what business they're looking to go into, but I don't expect a lot of news or share price movement until at least then.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.