OTCPK:ICPVF - Post by User
Comment by
snewguyon Mar 25, 2020 1:01am
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Post# 30844340
RE:Big Up Day Tomorrow Is Likely
RE:Big Up Day Tomorrow Is LikelyWhether its 2 or 6 triilion stimulus, rally continues... but as said, lull will be when cases increase and then waiting for trumps normal economy plan... canada also may announce further plans and added help for alberta.
as for ipl, they will sell storage as planned. premium pricing is a bonus. why, cuz they planned to and they won't have a better situation... could crisis last awhile? yes, probably will, but its foolish to hang on for a quarter or two of added income.. the sale itself relieves what the street was most concerned with... debt laden companies.. drip might suspend temporarily actually dont think they touch it...they wont touch the divvy cuz when this is over, you cant reverse that claim and they can afford not to.... still have 1.5 bil on credit, .5bil contingency etc.. and as stated, the core ops remain solid.. cnq cenovus husky will survive so no issue with default of pay contracts. the street will love any sale... and it'll move a lot more...
you guys worry too much. its on sale here.. bigly.