AltaGas Ltd T.ALA

TD margin allowance for ALA

[BSdetector2016]

TD has updated its margin allowances for May and ALA is still stuck at 50%, which is the same as for high volatility equities like SplitCos. I don't think they have been assuaged about Beta since this stock went from over $50 in 2014 to $13 in 2018, which is massive market cap destruction. It plumbed the 2018 low again during the 2020 Covid crash. It has only now recovered to September 2018 levels. I think it will take at least another year of non-psychotic behaviour before TD has another look at increasing margin allowance. If you want 70% there are other, better stocks out there.

[Bushman3333]

Why BS DETECTOR see the dark side instead the bright side, I do remember that AQN went down from 12D to  1.78 in 2009, look at it now, however, all analysts applauding AQN, but not altagas, and Altagas 3.40bucks more than aqn plus dividend more than aqn, most of Analysist like sheep fellow anything without good reason, I do get 3000d dividend a month with Altagas but aqn give me 2000 bucks

[Johnwith30years]

WhenI check the TD site under margin requirements it says as of March not May  - where are you looking please?

[BSdetector2016]

OK; I am assumed that when the margin amount is zeroed-out (like month end/ last weekend) that the new amount is the updated margin you are eligible for. In ALA's case it remains 50%. I found the list you are talking about on the TD site and it is indeed dated March 3rd. I think that ALA has to behave better than it has in the past before it gets the 70% premium margin accorded to its peers.

[marketsense]

Considering the same insitutions who are recommending the stock,   also set the margin requirements.   Seems a bit of a disconnect there.    The analysts in this case are ahead of their own credit rating people.  Need to catch up and get in synch.    As for behaviour,  that is clearly in the past unless you have a bad case of myopia.    I don'