RE:RE:RE:RE:How Come No talk Here On The Big Deal?Good post and agreed. Valuations are a little frothy, however, I felt compelled to take a half position today. I bought Transcanada on their acquisiton and since then it's paid off 22%... plus Div's. Today, prices are a little higher, however, this is an incredable deal that is setting Enbridge up for an even stronger future with geographic diversifcation in NA and by commodity. I also see Enbridge deleveraging their balance sheet over the next year which will further create value and gain more support from the investment community.... The dividend is there (now secured with further future increases).. it will pay for me to wait if prices drop and need to recover or add to the gains if they rise further from here. I haven't taken my full position yet as I want to leave some room to buy some more if we do see a drop in the next few months. Best of luck.
www.retirementrush.com
Blake