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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

Bullboard Posts
Post by Johnwith30yearson May 02, 2019 8:58am
249 Views
Post# 29699596

WATCH FOR THE STRATEGIES OF LARGE SHORTS

WATCH FOR THE STRATEGIES OF LARGE SHORTSBe alert as this is a relatively small volume stock that some of the nervous shorts may try to discourage you by selling into the market today to try to prevent the stock from rising too much in th ehopes it drifts down further fo rthem to close over the next week or so.  This could work for them - but only in the short term  if some larger buyers do not step up to the plate.  Regardless of short term moves and strategies  thi sstock is going higher.  You can safely hold today and safely buy as well.  Not sure what today brings but over the next three weeks I think the results speak for themselves.  Possible the short squeeze begins right today  but regardless the fundamental story is now strong - undervalued on book value  payoput and nearly every other metric especially by year end when debt is further reduced.  Also  some analysts still project negativ equarters going forward during the softer periods. I do not see negative numbers happening this year  so if  Year Q4 is identical to last year's we have at least $1.17 for the year  - but I expect significantly more.  

Once we see dividend restored    this will get back to full value..   Patience  and Profit.     Cheers
Bullboard Posts