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AltaGas Ltd T.ALA.PR.H


Primary Symbol: T.ALA Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

Comment by Red_Deeron Sep 23, 2024 1:12am
78 Views
Post# 36235821

RE:About the 7,0 % hair cut

RE:About the 7,0 % hair cut Hey BOSSU__Most LIKELY it Was TRIPLE WITCHING Last Friday CAUSING the HUGE
VOLATILITY @ End of the Day

https://www.investopedia.com/terms/t/triplewitchinghour.asp

bossu wrote: Quite evident that an hair cut was coming and many investors were chasing the stock as good investment and bought wth a premium price .
ALA has gained 36 % in a year and share price has been accelerating too fast and was still recommanded by most of the analysts community !
I'm still trying to understand the Thursday an Friday pricing before the immediate opening. On both days there were an unusual bid/ask pricing at 2, M on each side and Friday a 8,885 000 shares changing hands in 13 396 transactions.
So many have taken the last trading days to take some profits.

Noting is tellimg me that there is something bad cooking and we willl see  the results of the  $ 900 M Note offering at 7,2%  to close about september 23 

By the wy I m still following ALA action but no real interest by poor comments on the bullboard .




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