AQN anticipated new year surprise - My 2 cents
will it be another severe hair cut after a divvy cut announcment ....
or
is the worst baked into current price .... ?
I believe it will depend on Management's ability to generate some much needed confidence going forward. If all the institutions and share holders hear is nasty divvy cut, it will get hammered .... however if Management can put some shine on the patient and generate enough real confidence for shareholders, perhaps some stability will be seen and share price may hold.
I have no skin in game at this time but would trade a deeper selloff if poised and nimble on that day..
For me, there is just too much uncertainty at this stage to buy and hold long.
Flip a coin!
Good luck!