RE:The Good Bad and The UglyIn my earlier post, following the deal with Dominion, my conclusion was to "wait and see".
After watching the price action over the past month or so, it seems as though the denizens of The Street seem to be OK with the deal for now. As I mentioned in my earlier post, a lot will depend on what interest are in a year from now when the deal will close baring some regulatory hiccup.
With all that in mind, I decided to open an underweight position in ENB and took advantage of the price dip this morning with a dividend yield of 8%. So I will get paid a decent low risk dividend while I wait and see how things develop.