Tuesday, August 28, 2012

Water ... water ....

AWR Daily Chart (11:35AM)
Water stocks have gotten some attention in the IBD print edition this week.  American States Water Co (AWR) is one that has been mentioned positively.  It could be a good buy right here right now but do be aware the CEO did some selling (about $1M) last week at an average price of about 43.90.  A VP also sold $900K just below that.  I don't think you have to rush right in but it is at a decent place to take a nibble.  I have no position.