Post by
starboy101 on Nov 21, 2022 1:20pm
What Else Could Go Wrong With This POS ?
Well at least 3 things come to mind with me:
1. According to the companies latest financial statements the company carries a BBB rating for their debt with the major bond rating agencies. This is considered an investment grade which means most institutions, pensions etc. and able to hold their debt. Any rating below BBB is NOT considered investment grade which means most pensions etc would not be able to hold their debt. I firmly believe we are going to see a downgrading of this POS's debt.
2. Many banks, insitituitons etc. that lend money to public companies quite often will invoke certain clauses in their lending agreements which would allow them to call in their loans if certain fundamental indicators are breached. For instance if their interest coverage falls below 2 times or a certain level of their debt\EBITDA is breached. I don't know what types of clauses if any this POS has with some of its lenders. But if I owned this POS if sure as he ll would find out.
3. This flaky Kentucky Power deal seems like its along way off from bieng approved by US Regulators IF it is approved that is. And on top of that if the deal does go through the company will be inheriting another $1.2 billion in debt, like this POS needs more debt. I'm not convinced this deal will go through myself.
Well there you have it....three more reasons why in my view the risks associated with this POS are not worth owning it. More pain to come I predict....it's a POS sell.
Comment by
pennydredful on Nov 21, 2022 1:43pm
They could hire some fake objectors to appearr before the regulatory board to try and nix this deal.
Comment by
Accountprince on Nov 21, 2022 2:51pm
Looks like the shorts are getting more and more desperate as AQN has found the bottom and is poised to rise. Because it fundamentally fell way more than the news warranted. They see a big loss if they can't keep it down while they cover their shorts. Consequently the very large number of "boogie men" posting that the end times are here for AQN....
Comment by
RayDonovan78 on Nov 21, 2022 3:08pm
What makes you think the shorts are getting desperate ???? The stock is down with below average volume.
Comment by
RayDonovan78 on Nov 21, 2022 4:07pm
The short position increased which means they feel its going lower, covering will occur but not until after they announce the next round of bad news (aka divy cut) and the stock drops into the 8's.
Comment by
pennydredful on Nov 21, 2022 4:40pm
Exactly , the shorts are killing it.
Comment by
SargeX on Nov 21, 2022 4:15pm
These SH boards can sure be entertaining at times. Starboy must just short stocks as I just looked at his posting history and in the last 2 weeks, he has referred to the following as POS - AQN, LEV, SKRR, WELL, GWM. I would hope that everyone realizes that a poster on SH can actually never influence a stock's price. Ciao Sarge
Comment by
rad10 on Nov 21, 2022 4:33pm
Not true - hence the desperate trolling that we see in the nanocap space. A large liquid stock like AQN is unlikely to be budged by SH trolling, but the effort put into several of the nanocap MJ, venture mining and biotech names can be very lucrative for those with a disreputable predisposition.
Comment by
patrickter on Nov 24, 2022 1:17am
What does this post have to do with AQN ?
Comment by
LynnErnst1 on Nov 24, 2022 1:45pm
Please keep your posts about AQN John Plows, no one cares about your trolling ambitions... Thanks
Comment by
GassXX on Nov 24, 2022 1:51pm
Another John Plows fake troll account to put on "IGNORE" what a tool