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E Split Corp ENSRF


Primary Symbol: T.ENS Alternate Symbol(s):  T.ENS.P.A

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.


TSX:ENS - Post by User

Post by Obscure1on Apr 19, 2024 10:37am
79 Views
Post# 35997966

The pros will be pros

The pros will be prosThe pros know exactly how to play ENB when ENS does a RAISE.  They take the share price of ENB down at the start of the week following the announcement to grab shares from retail investors that don't know what is going on and then they ramp the ENB share price back up later in the week knowing that Middlefield will be buying more than a million shares (about $50 million worth).  

I don't expect retail investors to play the games that the pros play.  After all, the pros take advantage of inefficiencies in the market to make a living and us retail investors are just spectators.  However, if you understand the game, you can plan accordingly which makes it less likely that you will be a victim. 
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