RE:RE:RE:RE:Been fun time to sell all this morning :) $50.60 Holy moly Fiddy, that sounds like a
positive post from you about ENB. Are you actually feeling better about ENB or still just waiting for an exit point?
Things certianly look promising with Line 3 so close and the recent Moda purchase especially just using existing cash and not having to dilute with extra shares.
As usual, we are still holding our full position and actually even added another 635 shares at an average of $47.02 this year. We got a bunch of cash from the IPL take-over and in addition sold all our BIP.UN as I felt Brookfield is just too slimy a company for me.
We just spread all that cash aorund evenly to our 16 main stocks.
Anyway, I still love the midstream space at these prices (we have full positions in ENB, KEY, PPL, and TRP) and am looking for even more price appreciation over the short-medium term.
Onwards and upwards.
Sarge
FiddyFiddyOddz wrote: To each their own, but i don't understand why now would be the time to dump. With Line 3 coming online shortly, and what looks like more and more analysts jumping on the Enbridge train why would one want to dump their holdings right now ?
If analysts were calling for mid to high 40's , then yes, I understand selling in the low fiddies. BUT, analysts by and large have given ENB a buy rating with targets in the mid to upper fiddies. If even 1/ 2 of the "experts" are correct, doesn't ENB have further to run ?
It was only 18 months ago it was at 57.
1 Hot wrote:"All good no worries made great money :)
GLTA
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