RE:RE:BBB Credit Rating in jeopardy...starboy101 wrote: I raised this issue awhile back in one of my previous posts, that there was a serious risk of seeing this POS's credit rating downgraded. A downgrading below BBB would mean they or any company would no longer considered investment grade. And consequently many pension funds and institutions would not be able to hold their bonds.
If a downgrading were to occur which I believe is a distinct possiblity I think you could see the share price in the $4 - 5 range.
Agree.
Cost to borrow and to carry debt continues to rise.
Names like AQN at risk.
So I see the future valuation here in the hands of Federal Reserve and BOC.
If execs push forward with KY deal, then this vessel really starts to take on water.
Too scary for what is supposed to be a boring utility.
People may find less volatility in QQQ than AQN now.
Scary thought.