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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

Comment by bossuon Feb 27, 2021 4:20pm
170 Views
Post# 32679787

RE:RE:Quite disturbing...

RE:RE:Quite disturbing...Johnwith30years
,Excellent post and pleasant to read.

There is one thing that we must not forget is the possibility of a market correction and I would not like to  experience the kind of drop we have had just last March !
Market is overpriced and when you see a company like Tesla with a market cap of $ 648 381 377 000 with 960 854 000 issued shares is  frightening !
In march it was trading at $ 100 up to $ 900 and back at $ 675.now
I d'ont know who is holding the bag now but it will cause some damage at a moment .
Just to say that at one point the'' Bubble''will burst.
This week we had 2 ''mini''down day and  the volume of share trades is growing .As an example, on the TSE Friday   volume was  402 M up frrom an average of 250 M in the past 6 months and  the S&P/TSX Composite Index up to 18 000 from 12 000 for a 50 % gain.in less than a year .At the closing yeaterday the S&P 50 day simple moving was broken and is  not a good sign.

Best advice :Better to have a big bucket of dry powder to get back on board !




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