Algonquin Power & Utilities Corp T.AQN

Not goin to see $9

[SadieLadyCO]

eom

[1condor]

Its only 30 cents from there...for sure we go into the 9's this week.

[SadieLadyCO]

Maybe high $9....But I do beleive that short covering will start today

[RayDonovan78]

Maybe a slight bump at the beginning but it will most likely fizzle out by the end of day.

[1condor]

The after 11 am trade will turn any green to red.

[1condor]

Like I mentioned this morning the stock would go from green to red and always wait for the 11 am trade...never buy a stock before that time. Be patient for the 9's as its coming this week (maybe even before the close today).

[1condor]

If there has been one thing I have learned over the years is that the market most often will suprise investors to the downside. I hear so many on here saying...7, 8 or 9 is never going to happen....but why not? The trend on AQN is still down on heavy volume...every uptick is being met with selling...does this look like a stock that is going to reverse its trend soon? If you have been in the market

[Karl63]

Hello Condor, I know that I've been bullish on the company, but yes, it's likely that we'll go into the 9's for a while before we move back to some balance.  I don't, however, see going to the 8's; while I think there's a fair chance the dividend will remain untouched, IF the dividend were cut, it would be cut 30-50% and would be a great source of capital for the

[Capharnaum]

AQN is pretty cheap at this level. Bottom is always hard to call or tell. If you look at the value of the transactions for the kind of assets they own, I believe they could sell everything for around $20 (CAD) net per share. I don't think they are going to sell the company or the assets though, but when the wind settles down and they get cashflow and earnings back up again, I think this will

[1condor]

Lets see how many people have stops set at 10 bucks. That could set the stage for the inevitable dip into the 9's...maybe 9.50. We'll see. Not a holder yet.

[Shylock40]

Holding dry powder for anything under $9... hold off on that divvy cut announcement AQN, let the majority of tax loss selling finish off... management team deserves to be fired, took a great company into another ALA... Best of Luck to All!

[RusticHit]

looks like 9 gonna be flushed  down soon sellers are  lined Up every day to get me out

[1condor]

the after 11 am trade will take it into the 9's. 

[1condor]

Now lets see how many stops are triggered as we dip below 10 (dont you love that 11 am trade). I figure 9.50 will come up soon.

[NewOpportunist]

Need to see a day not making newer lows, actually finishing up, ideally towards the high end of the daily trading range, volume tapering off on the down days. I still think this sets up for a great trading opportunity, just be careful scaling in. I don't think you would be wrong with a 1/3 position now, hard to call bottoms and reversals can be swift. I am not yet convinced of a divy cut

[RayDonovan78]

Well they are going to see $9's today and possibly $8's next week. Should it hit mid $8's I will jump in and hold.