RE:RE:RE:EVRY TIME I CHECK ALA MAKES ME SICKVega1357 wrote: marketsense wrote: Its a pain in the portfolio no doubt. On a very green sector day, everything I have in my
portfolio is green except ALA. It hasn't recovered from the recent selloff. The consensus was
it's all over until next year when they're back into peak earning season again. The lack of
enthusiasm for the time being probably makes it a pretty good buy if you have the patience
to tuck it away until next year.
ALA wasn't the only utility stock down today. So were FTS and AQN.
This is one of the reasons why the largest portion of my portfolio consists of index fund ETFs. And I have a Russell 2000 slant. I had purchased more Ala on the way up but sold the extra shares I had purchased in April when it came down to 15.50 ish. Since then I've purchased XSU. I'm still holding onto the shares I purchased in 2017 and 2018 of Altagas. Sure, things can turn around on a dime, but I'm going to be deploying new capital to investments that suit my risk tolerance. I have my shares at Computershare so I will continue to invest my dividend payments into TDB900 each month. If Altagas ever reinstates the drip program then I will start that again. Unfortunately at this time, altagas just isn't my focus.