AltaGas Ltd T.ALA

Nice to see so little

[Johnwith30years]

consolidation after several srong up days.  Suggests to me we may soon see a continuation.  Frankly I expected a dip here to around 21 but  it may just resume. upward.    Cheers John

[bossu]

Why not establishing a new base at the actual level say 21,25 Reduction in interest cost: By the way the new note offering still reducing Interest cost and what ALA did in less than a year is reducing almost $ 25 M and accreditive to the bottom line.

[Capharnaum]

We will get close to $22, then the shares will start moving back to $20 and linger a bit between the $20-22 range before moving on to $24. The stock has been trading like that for a while (hit resistance, trade within a $2 lower range, push through resistance and move $2 higher). I believe as long as Altagas keeps delivering, we'll continue to see this overall trend up.

[Johnwith30years]

You may be correct about the $2 range and then stair stepping higher ... except as the whole company looks stronger and prices rise  more stock holders my awish to get on quickly or close short positions and that could mean a more rapid rise than in the past.  Frankly I will be surprised to see $20 again although not $20.50  but I think we both agree that we likely now see 24 before