RE:RE:RE:RE:Earnings Friday May 6 Before Market OpenQUIN - One must ponder just how high old Enbridge can go. We have a war in Ukraine, everyone hates Russian oil, the price of gas in Ontario is soon to be 2 bucks a liter, and yet Enbridge appears to have topped out at Fiddy nine oh nine. Like, that's it ?
My point being, what's the top price ? It can't go up forever, there has to be a ceiling. Is that ceiling 60 ? Perhaps, is it 70 or 80 ? I doubt it.
Place your bets and spin the wheel Homie. Gonna "stick" with the hand you're holding, or are you like Brittany, and saying "Hit Me Baby One More Time " ?
Quin wrote:"So 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! ;-)"