RE:RE:RE:RE:RE:ENB & BoardWorth noting that on Sarge's personal preference list ENB comes in last but when he buys it is ENB and not the others that he buys first.
This is why I think "we" is a tool.
But he did buy ENB so....
Go Enbridge! ;-)
SargeX wrote: I know I posted last week that if I was thinking of buying, I'd wait until into Nov, but I wasn't really thinking about a swap. Anyway, earlier this morning, I sold 200 FTS at $51.47 and bought 200 ENB at $50.84 mainly for the extra dividends. FTS pays $2.26 and ENB pays $3.44 so we will be gaining an extra $236/yr.
Not that it really matters much but I also think ENB will have significantly more capital appreciation in the next couple years.
I still really think all the midstreamers are under-priced and all will do really well in the next year or two.
Ciao
Sarge
bttmfischer wrote: Silkos, remember on November 2, 2020 ENB got as low as $35.84, a real cheep price.
As you know, a lot of the buying and selling on the market is based on emotions, rather than
foresight or logic , and that price was influenced by the corona virus.
Right now, there is the potential for the worst war ever. We face uncertainty.
Sorry for being negative, but reality forces me to be just that.
I wish I could come up with any useful guess about what the future holds for Enbridge, but I have none.
Some of the so-called "experts" might have some idea, but can they say with any certainty that it is based on verified facts? I doubt it.