RE:If We Have "Strong" QIII Resultsuchuck wrote: ..as just reported, why are we down almost 3% on the news to-day? Methinks the "wind"millls are over-worked, just a lot of hot air.
You're right. The share price should have fared better with the excellent results reported. They are going to finish 2016 with a POR of well under 100%, nine months ahead of schedule.
I think they got caught in the downdraft affecting all of the utilities and REITs due to the fear of rising interest rates. Check out today's price action on Innergex, Boralex, Fortis, Algonquin, Allied Properties, First Capital, H&R to name a few.
I took adavantage of today's drop to add more at 21.28