Agreed. 

I've owned IPL for many years (from much lower single-digit prices) and at near $20 earlier in 2016, nobody wanted any part of it. Same with PPL as well as the biggies, ENB and TRP. 
I simply hold these as long as the company fundamentals remain intact and have them on dividend reinvestment. If they decline in price, I acquire more shares than I otherwise would own and that will almost certainly pay off in the long run. If they rise in price, I "suffer" with a portfolio that rises in value and have to painfully accept the capital gains. A not so hard to take win-win situation.
And I could care less like some do about the day to day news and Catastrophic fluctuations.