Post by
GreenMonster333 on Sep 06, 2023 7:33pm
Beginners Question
Can anyone please explain to me why yesterdays news was bad for the share price? Any input would be great, thanks
Comment by
BSdetector2016 on Sep 06, 2023 7:37pm
The three (3) Ds : DEBT, DILUTION & DUMB
Comment by
GreenMonster333 on Sep 06, 2023 7:41pm
Are they creating more shares with this deal?
Comment by
GreenMonster333 on Sep 06, 2023 8:07pm
Sorry, I just read that they sold $4 billion of new shares! Please disregard the last question
Comment by
FiddyFiddyShot on Sep 06, 2023 8:11pm
Buy more and expand, and use debt to fund the expansion in a rising rate environment, what could possibly go wrong ? ENB is acting like most people in Can-Er-DUH, spend spend spend, and worry about paying for it later. Then they lose their house and the two German SUV's in their driveway and are left scratching their heads trying to figure out what happened...
Comment by
bttmfischer on Sep 07, 2023 2:31pm
BS d2016 Are those comments on the 2023 budget. If so it's spot on.