RE:BROOK RENEW CRASHHey Non
I've been saying since late last year that all pure renewables are way over-priced and all midstreamers are way under-priced.
Have a read of my most excellent post from Jan 11, right near the renewables peak.
As the post mentions, we sold all our BEP.UN and at that time the NPI trim was 30% and is now 60%.
I'm actually starting to think that the renewables are nearing a bottom here (but who knows.
Here's the link to my Jan 11 post.
https://stockhouse.com/companies/bullboard?symbol=t.enb&postid=32272532 Ciao
Sarge
Nonscence1 wrote:
Stock will settle at 29 bucks. That will be about 2/3 off high. Poor saps who bought on hype. Now watch everyone downgrade the stock after recommending it i.. Even Brook itself is mum on this.
The stock is going down like the water at its hydro plants. Cant even get out as bid sell lots are only for 100 shares. Fantastic short play has been on full display.