RE:There is NOT a Bottom to This Stock Right NowHey Dean
I hope all is going well.
What a mess!! I really thought AQN would bounce back once Banskota was gone and the activists were in the mix. As I noted in my previous post, thank heavens we hedged our bet.
I'm now fine with our remaining 5940 shares and think there's still a bit of a medium term future for AQN but it is going to be tough going until then. If it does miraculously bounce to over $10, I will probably trim half and take my licks on the capital gains tax. If it then goes above $12, then adious for good.
Take her easy
Sarge
DeanEdmonton wrote: Too many negative factors, plus fear, are driving this stock down. It does not have a lower support level at this time. If you bought it higher and can cature the loss for tax, you may well want to consider that. If you are stiuck holding till it gets bought out or turns around, I would bet on a buy out before a turn, I wish you the very best of luck. Man I hate seeing retail investors get fleeced like this, with zero consequences to the board and executive.