Bullboard - Stock Discussion Forum Northland Power Inc T.NPI.PR.B

Primary Symbol: T.NPI Alternate Symbol(s): NPIFF | T.NPI.PR.A | NPICF

Utilities Utilities - Independent Power Producers

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas... see more

Add To Watchlist

TSX:NPI - Post Discussion

Northland Power Inc > Overdone maybe.

View:

Post by BayWall on May 10, 2023 5:47pm

Overdone maybe.

The RSI did not go down enough to accurately reflect the price drop. However, trading volume was impressive. 6.1 million shares traded. Maybe overdone in a panic session. Short sellers the winners today.

The company is are trying to find alternative ways to finance other than equity. I don't know the cost of the projects under development or those in the pipeline.. 10-20 billion?

208

Comment

Comment by ronster65 on May 11, 2023 7:48am

Some investment firms have very strict guidance as to when to sell or hold their positions. Once the price dropped suddenly by 5% Stop looses started getting taken out. This is indicative of the price increase towards the close. Oversold is an understatement.

139

Comment

Comment by BayWall on May 11, 2023 8:48am

For those who would rather view yesterday's stock price action from a psychological perspective: Mass hysteria an outbreak of unusual and uncharacteristic behaviours, shared among a group of people, stress and anxiety play a part. Or let the experts express their views: neuroscientific basis of irrational behavior. Can the market be both rational and irrational? | MIT ...more

125

Comment