RE:RE:RE:Earnings Friday May 6 Before Market OpenSo are you swinging the div? Are you going to realize a cap gain on all of your previous gains to this point only to reinvest it all again on the dip after earnings and put your now newly unpaid tax capital on the line in the hopes that ENB will rise from the dip ashes and not plummet to lower support levels in the summer shoulder season?
Or are you just going to be sensible and ride the dip out and collect your easy peasy 6%?
You too can be in the 20k window man hall of fame. Except he isn't invested here anymore, is he?
Played the big swing and didn't get back in and still waiting for the big dip. Didn't see a Russian war coming did ya Kreskin?
Oh to just be happy invested in steady eddy Enbridge up 18% YTD and paying a 6% yield.
Go Enbridge! ;-)
FiddyFiddyOddzz wrote: So my post Monday guessing the share price would rise a buck to a buck fiddy after earnings has come to fruition.
Will my second guess of a two to two fiddy DROP after ex div also pan out ? Time will tell. Place your bets, spin the wheel.
Fiddy wrote:"Last earnings Feb 11th, ENB closed at 55.56, up a buck from the day before. HOWEVER, after the ex div date on Feb 14th, ENB closed at 52.79, and then 52.61 on Feb 15th. ENB never went back above 53 until Feb 24th.
"IF", and that's a big "IF", past performance is any indication, decent earnings ( how can they be anything but decent ) on Friday could bump the share price up a buck or a buck fiddy, followed by a two or two fiddy drop in the following days.
Place your bets, spin the wheel...."