RE:RE:anyone know why the big sell off today?Good find. I thought it was just all pure renewables as BEP.UN was also down 4.09% today so this is very interesting.
I don;t blame the guy as he has been trying to divest for a few years now and this is his 2nd or 3rd big one. I like his timing as I really think all pure renewables are grossly over-priced.
As I've mentioned, my wife & I very rarely trim but recently sold all our BEP.UN and trimmed 30% of our NPI. NPI would have been more but we took as much capital gains as we could handle for this year. Luckily all our BEP was in registered accounts so no capital gains to deal with this year.
As an aside, we spread the dough around by adding to some of our existingg holdings, espeically midstreamers as they were screaming buys and still are a pretty good buy.
Ciao
Sarge
peter82828 wrote: Apparently the CEO or founder sold a whack of stock: $654M of shares in a bought deal.
https://twitter.com/BarrySchwartzBW/status/1338969613716107274