RE:RE:What givesHey Sarge,
Thanks for taking the time to reply.
There is a saying "follow the money" ... there is no new money getting into ENB, no increase in volume, no pressure ... which some might say means "no interest". The stock does not even react to positive news anymore which is mind blowing.
I understand your position ... in your case ENB is a certificate deposit with a higher yield than the bank. Capital appreciation (if any) is a bonus.
However, I am trying to figure out why big money would still invest in the stock. ENB looks to me like a boring arabic soap opera. Let me explain.
Boring: Cause nothing happens. One step ahead, two backward.
Arabic: I can't understand what's going on (no offence to arabic speaking people). And it's not just me ... all so called analysts when asked about ENB are trying to come up with an answer and by the look on their faces they're like "Why did I get this question? BNN copyrights" ... it's like tarot reading.
Soap opera: Oh the drama, the plots, the endless court injuctions.