Capital Power Corp T.CPX

Alternate Symbol(s): CPXWF | T.CPX.PR.A | CPRHF | T.CPX.PR.C | T.CPX.PR.E | CPWPF

Utilities Utilities - Independent Power Producers

Capital Power Corporation is a growth-oriented power producer company. The Company develops, acquires, owns, and operates renewable and thermal power generation facilities and manages its related electricity and natural gas portfolios. It is involved in the operation of electrical generation facilities within Canada and in the United States. The Company has approximately 9,300 megawatts (MW) of power generation capacity at 32 facilities across North America. Its projects under construction include over 140 MW of renewable generation capacity and 512 MW of incremental natural gas combined cycle capacity from the repowering of Genesee 1 and 2 in Alberta, and over 350 MW of natural gas and battery energy storage systems in Ontario and approximately 70 MW of solar capacity in North Carolina in advanced development. Its La Paloma facility is located in Kern County, California. The Company also has a Harquahala natural gas generation facility in Arizona.

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Capital Power Corp > The Shorts will pile into this

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Comment by SargeXon Dec 09, 2024 2:22pm

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Post# 36353184

RE:RE:RE:The Shorts will pile into this

Hey Dean

Fantastic stuff on your sell and the amazing timing. I had initially said that we wouldn't trim but it just got too ridicuous. I even trimmed another 555 at $67.85 shortly after the open this mornng. We ended up trimming 19% of our CPX holding for a nice $52,3k profift but we stil are holding quite a pile.

We put most of the CPX trim proceeds into TD, BNS, and T. which are working out quite well so far and I like all the extra dividend income.

As you know, we rarely trim but it's been a bit different story since this autumn with the CPX trim and a 55% trim of RY.

As ueual, all the best and take he easy
Sarge

DeanEdmonton wrote: Sarge - Agree with you guys. I am up 148% on this stock, sold it all yesterday. Will sit on the sidelines and see what happens, but this run is WAY over done unless something is cooking. For now, happy to lock in the profits and see where we go.
SargeX wrote: Hey BSD

Totally agree unless soemthing is brewing with a potentail take-over. (now that would be one sad day!!)

I had recenty said that we were not going to trim but this has gotten so ridiculous that I decided to trim 12% of what we had (including some more this mornng). Took a nice little profit of $31.2k and used the dough to add to T, BNS, & TD.

As an aside, even wwith the trimmming, CPX is still our largest holding (amazing)

I saw a post that sounded like you had warmed up to EMA - nice to see.

Take her easy
Sarge

BSdetector2016 wrote: Run-up NOT justified.