RE:Not investing here for now.Hey Hawk
Thanks for the shout out.
At this point in our small universe of 18 stocks and at these prices, I think TD, AQN, and TRP are decent buys. I also think KEY at $32,90 and PPL at $40.75 would be fine as well.
TRP has just had a bump down because of the Coast Link issues but I think it's over-done and that's why I think it's a buy at these prcies.
As far as ENB goes, I think a buy price is more like $45.50. I think it will probably stay flat but I certainly wouldn't be buying now as there is still quite a bit of short term risk.
Even with the good run
most of the midstreamers have had, I still think there's more to come before the end of the year.
Take her easy
Sarge
hawk35 wrote:
I've had some surplus cash from selling IPL and another stock but none of it was invested in ENB. It comes down to four reasons.
1. ENB seems to get bogged down in court challenges more than others.
2. I'm concerned by the never ending pumping that Motley Fool does almost every single day.
The yield is great but If ENB is such a great deal, why is such repetitive pumping
necessary?
3. I do lots of research including this board, and too many posts seem to be nonsense, off
topic or political in nature. It just puts me off.
4. Sarge mentioned recently on another board that of all the pipe's he holds, ENB ranks last
for him. I respect his opinion.
For now I'm staying out of ENB.