Enbridge Inc T.ENB

Thoughts

[Rodney15]

The first part is a question - how likely is line 5 going to be shut down in your opinion? I'm curious to see what the board thinks.

Also, in relation to the share price... for those looking for this thing to turn around and rip you might want to look towards EVs or WEED for some volatility. It'll take time, lots of clouds over the name still, unfavourable sentiment for the sector, COVID, etc. As time goes on and the earnings power and cash flow is proven to the market, and the biz-mix shift to more renewables continues, as well as potential buybacks... ENB should do well. You may never see the multiples you once saw on this stock again. We all might be too early, this thing could go back to low 30s, but if it does it's trading at basically book value, and I'll be loading up. Too much focus on the near term is gonna cause a lot more headaches than anything.

also - looking forward to marners post if he finds out the buyer, another 10M at close today!

[masfortuna]

They can't shut it down , as there is no alternative at the moment.  It would be the equivalent of tomorrow deciding they won't sell any gas for our cars. An alternative would need to be put in place first. Mas And "NO" I don't think we will find out anything about who is buying/selling those shares.  I believe it's the same person/group buying and selling to

[Abouttime1]

Rodney15: It seems low probability it will be shut down. The tunnel will get built. Didn't a judge rule recently that the east line could reopen? They probably make enough $ on line 5 to absorb the cost of dragging out the legal battle long enough to have the tunnel built. The Enbridge VP was confident enough to call this a distraction.

[Tommy123]

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