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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 marketsenseon Jul 29, 2021 2:22pm
210 Views
Post# 33626490

RE:As I suspected

RE:As I suspectedExactly.   We've seen this pattern a few times before.   I think that speaks to how easily ALA 
can be manipulated by certain entities for their own purposes.   If one were a bit naiive or
unsophisicated as an investor,  you could easily be panicked into selling this morning.  

I guess on the other hand.  if one were bold enough,  it was a very nice gift to those buyers who
stepped in at the lows if you could grab anything away from the shorters who were covering.  The 
whole thing is disgusting and gives the TSX a very poor image.  For those who did fall into the trap
and got hoodwinked into selling,  its a costly way to learn how the market can work against you. 
What you see is anything but fair,  honest or transparent.   This is the equivalent of the Game of 
Thrones only substiute thrones with sharks.
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