MGE Energy Inc. (NASDAQ:MGEE)

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  • sagsworth: @Dan penny for your thoughts on $MGEE as a retirement investment. If you look at a ten year chart it looks temping. It's thinly traded but I'm thinking long term. Thanx sagsworth...
  • DAN: @sagsworth $MGEE Not familiar with the company itself. But I looked at the 10-year chart. It's in a super strong uptrend. But the dividend is just 1.89%, which is pretty paltry. I just don't think that's going to be the "best" performer for you. I think you could do better for your retirement account. You owe me a penny. ;-)
  • sagsworth: @Dan any thoughts on$MGEE chart looks really good but is it too late to buy?
  • DAN: @sagsworth $MGEE It's steep, and very thinly traded. Nice uptrend, fairly high short interest. Look at the 1 minute chart. Several minutes will go by before the stock trades. So this is a risky stock to own. BUT...if you want to try it, just take a small position. Very small. Then you'll be watching it without a lot of emotion. You'll be able to add to the position if it continues to work. And if it doesn't, you don't have a huge amount to lose.
  • Gabe: ...
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Stock Price $77.60
Change -1.42%
Volume 146,794

MGE Energy, Inc. is a public utility holding company, which through its subsidiaries generates and distributes electricity and purchases and distributes natural gas.

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