Algonquin Power & Utilities Corp T.AQN

About renewables...

[bossu]

This sector is completely decimated !

Energex----»Northland--»-Brokfield Renewables--»Boralex

all have had surely a 30% drop or more in less than 10 Days 
Where is the bottom ?
Does anybody have a ''clue''

[Bushman3333]

Just temporary, big guy play with your nerves

[bossu]

i have been waiting...waiting...waiting and yesterday ''jump in '' but not certain that this was a genius move ! Hopefully not a big position and this is why I was asking the question. But after the market close today we might have an answer.

[HonestAl]

Bossu, another poster nailed it......if you're in it for at least 5 years, get in and don't look back.  Maybe the next release isn't favorable and the price drops.....or maybe not.   I used to try and time purchases....still do on some.....but all things being equal, that strategy has been less successful.  Where do you think AQN will be in 5 years?  If it'

[Bushman3333]

I am 100 % SURE AQN will be double and more in 5 years time .   

[stocktalk]

Oil is rebounding due to pent up demand from covid. The world is always growing and consuming oil and gas. Renewables was just a fad l like Greta Thunberg. IMHO

[KerStockhouse]

Is this still the Texas freeze effect?

[Bushman3333]

No No, just stupid market, other utility lost more than Aqn, but this is temporary ,you will see that next year will hit 30D, you will Remember Bush man what he says.