inter-sector rotation going on her between ipl and ala.  i bought a little more ipl at 23.03. I think 24 is a layup under normal market conditions.  thats a 4%+ gain plus a close to a 5% div for a total 10% return from these levels while we wait for the development of the growth initiatives.  nothing too sexy but from a name like ipl and with its history of dividend growth, I'll take it. 

 

i would have rather waited till the markets were a little lower to add to my position, but eh....