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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGAF | T.ALA.P.A | ATGFF | T.ALA.P.B | AGASF | T.ALA.P.G | T.ALA.P.H | ATGPF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

Bullboard Posts
Comment by YodaLayhehooon Nov 08, 2019 1:11pm
220 Views
Post# 30328361

RE:$20.00

RE:$20.00Were getting close to the level that the stock crashed a year ago. It traded over a month of huge volume from September something 2018 to Novemeber. During that time it was a frenzy of insaneness with everyday volume between 1.5 million shares and 2 million share per day. There could be 45-50 million shares that have been under water and witness a $12 stock price crash that are just now breaking even. It almost human nature to sell at a break even after you witness a crash like that and miss the upside and I believe we are seeing some selling from break even people that just want out. With very few shares trading right now it will be hard to get through that wall of sellers quickly. The good news is there is buying supporting the stock from underneath it's only a matter of time or a news release to bounce above 20 and likely stay there. 
Bullboard Posts