RE:RE:RE:No need to rush back inrustyblades- I agree completly. I too bailed just as soon as the deal was announced. I had not expected this big a rip in the share price but you could see it wasn't going to be good. I bought ALA very near its bottom in late 2018 early 2019 and that has worked out well, but they sure never got completely back to their pre-stupidity highs.
rustyblades wrote: I am not short. I was a long term holder (over 20 years) until they announced the KP bid. I got burned on the ALA takeover of WGL by holding throughout the process. The KP bid has a lot of similarities to ALA's WGL bid so I bailed immediately. I'm glad to pay the capital gains and glad I didn't hesitate.
As far as I'm concerned, they are only shuffling the deck chairs on the Titanic until the next decision point by FERC.
blackhawk2003 wrote: All you shorts could do, is bring it down 60 cents, I'm very disappointed! Great company, huge potential. The big boys will be cashing in, soon.