RE:RE:RE:RE:RE:ALA hit an air pocket in 2014ol_griz wrote: Exactly where we were Thursday morning or you could say where we were 11 years ago. Pretty clear Mr. Market has no faith in ALA. None. We wait and wait and wait.
I'm glad to see you're still around grizzy, and that the TA stock you thought would be the target of a takeover for the longest time is back above $8.00. Considering how well you did in calling that one, I don't know why anyone would listen to you about anything? Let me clue you and others in on what is going on with ALA. It's not that Mr. Market has no faith in ALA. It's that of late the high frequency traders have set their algorithms to movements in other midstream pipeline stocks like PPL, IPL, and ENB. On days that these stocks are strong (like yesterday), ALA is strong, and on days when they are weak (like today), ALA is weak. I don't think that ALA should be grouped with these stocks myself, but that's what has been going on. In my opinion, it's just a matter of time before real investors step in a restore ALA to its true value as a gas utility and not as a midstream pipeline.