I think some of the old holders of FPL are holding a grudge with their stock. Surely the register will be majority changed by now with new investors and what is happening now is far different to the past.
Just on the recent oil flow coupled with the shear size of the 21,500 acre property. Which is 100% owned by FPL. I am interested to the see the newest substantial holders announcement be released. With Regal on board. Schlumberger involved. Can only assume they know more than what we know.
This gas which people are speculating on could be nothing. It could also be the thing that they know and we don't know, yet.
Will be interesting to watch the news flow over the next week or two
FPL Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held