AltaGas Ltd T.ALA

About the 7,0 % hair cut

[bossu]

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 .

[Hunk33]

To Bossu, thank you very much, when stock fall, l said what is the reason ??? then l thought about you bossu and was hoping to see your intake, hopefully we hear from you often, we wish you all the best and good health to your familly also.

[Hunk33]

To Bossu, thank you very much, when stock fall, l said what is the reason ??? then l thought about you bossu and was hoping to see your intake, hopefully we hear from you often, we wish you all the best and good health to your familly also.

[buysell888]

Does 7.2% not seem high for a declining rate environment? Did they have to arrange this financing now? I asume so and that is the long term rate the market would command at this time. Perhpas a year from now it could be 100 basis points less...

[Red_Deer]

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

[farlharv]

Thanks Red Deer. This makes the most sense.