Algonquin Power & Utilities Corp T.AQN

CPI Numbers Coming Out Thursday Morning Too

[newcoin]

A double dose of big news for this stock. May the Force be with you.

[AlwaysLong683]

Thursday will reveal the US inflation numbers for December. Canadian inflation numbers will be released next week (Jan. 17). Not sure how much of AQN's debt is held by US lenders vs. Canadian, but regardless, AQN shareholders should be hoping for lower-than-expected inflation numbers in both cases. Not sure what economists are estimating on both sides of the border, but the November numbers

[Quintessential1]

So based on the information at hand and that we know new information is incoming tomorrow,  Is it boiunce or trounce day today? GLTA

[Karl63]

And further along those lines, who took or is taking the gamble of buying more shares before tomorrow's announcements?  I bought more shares on Monday. Tough to say what will happen; perhaps, as others have mentioned, there won't be anything definitive on dividend reduction OR resolution of the Kentucky deal.  Maybe it will just be a bunch of "things are OK" talk which

[SargeX]

I added 3205 shares at avg of $9.39 last week for the long term (for current total of 17,635 shares).  I've actually been fighting the temptation to sell those 3205 shares at $9.89 (for a quick profit of $1600). Part of me says take the gamble and the profit and potentially buy back if it gets creamed and the other part of me says this is for the long term and AQN will most likely be

[DeanEdmonton]

Sarge- if you hold them, I hope it works out for you. I however and not the trusting type and would be putting the gain in my pocket. The guys running this have messed it up big time and I do not trust them to get it right Jan 12th. I honestly don't think they will know enough to be able to provide real clear direction, except perhaps for the initail dividend cut. I am not a gambler in any way

[SargeX]

Hey Dean Thanks mucho for waying in. I always value your opinion. I was just downstairs doing my morning workout, pedalling away on the stationary bike, when I came to the exact conclusion as you. I came back upstairs and put a sell in for the 3205 shares at $9.91 and got it. Net of trading fees, it makes for a profit of $1625 for a 4 day hold. I think Banskota and the management are total

[ol_griz]

Given your current share count, SargeX, that looks like prudent move.  I sold half my stake late in the tax loss derby so unfortunately (well, possibly) I'm ineligible to buy until almost two weeks after the update.  However, given how unlikely it is that a clean resolution of the disturbing issues will be forthcoming tomorrow, I don't expect much upside, if any.  Like you

[Karl63]

Darn!  I'm in exactly the same situation that Sarge was in, and the arguments for holding or taking a quick profit are both the same.  Even if I sold what I bought on Monday, I'd still have a substantial holding.  And Dean Edmonton makes very good points.  Hmmm . . .

[SargeX]

Hey Griz Always nice hearing from you. I hope all is going well. Thanks on the comment. Seems like a lot of us "old guys" think the same on this. AQN is quite a disappointment but no where near what ALA was to me. AQN has way better assets than ALA ever had and if they dump some of the AY renewables stuff, it will be even better. ALA had some good assets but they essentially swapped

[Red_Deer]

Hey SARGE__I think you Could GO a TAD LOWER on your STINK BID 9.25 is ONLY a 7.5% DROP__SomeWhere BELOW 10__Say in the 8.90 Range  MIGHT be a Better BID__IE in the 10/12% RANGE Good Luck REGARDLESS eh!!!!

[Red_Deer]

OPPS!!!! Should have been 9.90 Range__NOT 8.90 I just Posted !!!!!

[SargeX]

Hey Red Being a retiree in Calgary, my normal morning routine is to flip BBN on at 7:20 my time and watch without the volume until I get up at 8:30. For tomorrow, I will have my laptop powered up in the sack before the open and monitor the pre-market bid/ask. If it looks lower than $9.25, I will just adjust my bid price accordingly. I will also consider going as high as $9.40. Regardless, it

[pennydredful]

Amazing  that   John  Plows   can  keep  track  of  all  these  alias trolls  and   what  they have  and are up to!

[TimeBuilder]

Hey Sargex, Just curious >> Do you ever use the "limit order" feature  to control your pricing & Time framing for dating on any of your Buy & Sell  orders? Regards for ALL of your Info exchanges. TimeBuilder PS: FYI: Noted > we have never used  a Market order to BUY or  SELL any of our positions since being completely self directed in late 1997

[SargeX]

Hey TB Also nice to hear from you. This flurry of AQN posts is giving me a chance to catch-up with lots of the posters I enjoy hearing from. I almost always use a Limit Order price and have been known to put the RBC max of 3 months on for the occasional sell. (mainly when I was in my short term trading phase and had a "bad" trade and/or was going to be out of town. I don't have a

[TimeBuilder]

 Sargex   PM  inbox reply

[DeanEdmonton]

Sarge - Congratulations on pocketing the $1600 gain. I would be in no rush to wade back in, I think there is still a lot of shakeout to go as the announcements were anemic on all fronts. I see another Div cut yet to come and some more issues with high rates and their debt, plus they still want to move forward with Kentucky Fried Belch. Pretty much as Kiss my azz from management and the board all

[SargeX]

Hey Dean I guess selling the 3205 shares at $9.91 yesterday turned out to be a smart move. I had counted on the stupidity of management and they didn;t let me down. I submitted a re-buy of the 3200 shares at $9.25 at the end of the day yesterday. I saw the news and watched the open and decided to hedge a bit and bought 1580 shares (~1/2 of sell) at $9.55 when it looked like it had bottomed early

[Red_Deer]

Hey SARGE__You are WRONG on TWO Counts FIRST__You ARE a PERFECT Example of WHAT HAPPENS Going AGAINST my AXIOM__Posted Yesterday__"""A VERY LONG Time ago__Whilst in High School__I NOTICED that WhenEver I started THINKING about WHAT I Had JUST Selected as Answer to a Mulitiple Choice question__and CHANGED My Answer__9 times out of 10 My CHANGED Answer WAS WRONG

[SargeX]

As is often the case, I totally disagree with you on both comments. Everyone is different (and some of us are REALLY different than you). I find I make better decisons if I make sure I totally analyze all the factors before making a decison rather then over-reacting to a quick, emotional decision. I am actually happier to have just bought back half of what I sold yesterday. AQN will now remain

[Red_Deer]

Hey SARGE__Twas a TYPO in my Post__I Meant 1580 rather than the 3200 I Posted! Thus what I meant WAS that IF you HAD just followed thru on your INITIAL ""Gut Feelings""  Decision__to place a Stink Bid @ 9.25__THEN you WOULD have had a FILL @ THAT Price INSTEAD You started THINKING/2nd Guessing__and Changed your order to 9.55__WRONG As I Posted__This IS a Pefect EXAMPLE

[SargeX]

You're still missing part of the point and still have it wrong. My initial buy order was for 3200 shares at $9.25. I changed it to 1580 shares at $9.55 which left me with $15k extra cash. I then put $5k into each of BCE, PPL, and TRP (which have been skyrocketing) So that means after doing some extra analysis, I only bought 1/2 the shares I had initially planned on so proper analysis pays off

[SargeX]

I should also add that I bought $5k each of CPX, KEY, and ENB this morning. I trimmed another $10k of NWH (tiny proft, all from divys) and used that plus $5k from recent divys for the buys. As I keep saying, I am a huge fine of the midstreams with their reliable cash flow and great divys. I also expect some serious capital appreciation this year (not that really matters too much being an income

[rad10]

  immediate loss of 6% sucks though SargeX.  That's a tough one.  We've all been there!  I like Trapping Values 3 day rule.

[SargeX]

Hey Rad Thanks on the thoughts about the 6% but it really doesn't matter at all. I really only care about the loing term and am a very patient person. I will say that this has been a heck of a great start to the year for a dividend investor. Take her easy   Sarge Rad10 comment: immediate loss of 6% sucks though SargeX.  That's a tough one.  We've all been