RE:RE:RE:RE:RE:RE:RE:RE:RE:ExposedHey Fiddy
I hope you had a good time down south and enjoyed not being on Stockhouse all the time.
ENB is definitely the riskiest of the midstreamers. If you're worried about this and that (ie: Line5, Mainline contracts, etc) with ENB, it's never too late to sell half and put it into a different midstreamer. At this point and even in spite of the run-up, I still think PPL would be your best bet. You'd lose a little on the dividend income but you'd get paid monthly and you wouldn't have to worry as much about the ex-div spanking each quarter.
If you really want to clean house, sell all your ENB and put half each into PPL and TRP or maybe keep some ENB and go 1/3 each.
I know I keep going on and on about owning multiple stocks in the sectors you want to own but it really is the best way for the long term investor. .
Take her easy
Sarge
FiddyFiddyOddzz wrote: QUIN - To be honest, i didn't really look for any articles. I'll take your word for it that there aren't any. I'm getting old, and I have no fight left in me. I just couldn't be bothered getting into a pissing match :)
I completely agree running the pipes in water unprotected in the first place, was a bone headed idea. Who on earth thought this was a good idea ? With anchor strikes already having occurred, it's only pure luck there hasn't been a catastrophe, and I too will rest better once those pipes are encased in concrete.
I shudder to think how far, and how fast, ENB shares would drop if there ever were a leak in the Straits, could you imagine ?
Quin wrote:"Couldn't find one eh? Good, because I checked first LOL.
Yeah they shut the line off accordoing to Enbridge and they also called them and told them they were doing it so that nothing would be broken by the stress of a valve closing at full capacity and cause an inadvertant leak.
I don't actually blame these people. The sooner that Line 5 is running through a tunnel 100' below the Straits of Mackinac the happier I will be.
The same logic of not going off half-cocked and damaging the environment by protesting applies to Enbridge and everyone else, including me, that want the tunnel built. We have to make sure we are not doing something stupid that will potentially bite us in tha a$$ later.
You know like running a couple of crude oil pipelines directly through a strait that joins two of the largest freshwater lakes in the world. Boy that was dumb. They are not even double walled.
The approval proceess will try to ensure that such a colossal blunder does not happen again for everyone's sake.
Until then:
Go Enbridge! ;-)"