Post by
Readytojump on Nov 15, 2022 8:48am
time to revisit AQN
Was in AQN a few years back.... should have held but hindsight is a frustrating word at times to say the least
Heaveiy invested in oil right now and have done well ....think its time to liquidate some oil shares and buy back into AQN
I see insiders are back at buying yesterday Nov 14 according to TD insider trading report this morning
If interest rates are close to holding it might be a great move .....who knows ??!!
@ $10.61 dividend is 7.77% and TD's FMV $16.76 ...... Seems like a basement bargin to me....
Comment by
1condor on Nov 15, 2022 10:20am
readytojump...wade in slowly...high probability there is a divvy cut coming (likely half). Once the hype (high volume) calms down then we get a better idea of where the stock settles. I dont see any problem initiating a trade around 10.50 but prepare for a dip below 10 on a likely divvy cut.
Comment by
2dream4U on Nov 15, 2022 10:42am
With the violent drop in share price, a dividend cut is pretty muched baked in and assumed. If it calmes down today, it should be a good entry point.