RE:RE:Why Did ALA Drop $3.00 From $20.80 To $17.80?Good summary--my thoughts as well. Also, has anyone else noticed that a number of the analysts/articles written talk about the potential hit to revenues on account of the announced asset sale expected to close in Q3, but then go on to discuss the balance sheet being over-levered and make no mention of the debt repayment / balance sheet repair that would presumably result from the proceeds of closing? Am I missing something?
tradetoretire wrote: ive come to the conclusion of the the following-
expectations of another flat quarter q3
potentially better short term opportunity elsewhere depressed market
low debt repayment in last quarter vs ytd - page 49 on q2 financials
(-271mm q2 vs -1,897.8 ytd)
mvp delays which have since been rectified
i still think we are underpriced short term and am gearing up for a recovery to 20 in the next 40 days or so. news moving us up to and over 20 is further power assett sales, approved maryland rate case, sale of aci stake