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Bullboard - Stock Discussion Forum Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one... see more

TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > What Else Could Go Wrong With This POS ?
View:
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 Accountprince on Nov 21, 2022 3:45pm
Short position of 16.7 million at Nov 15 when it closed at $10.60.  As you say volumes now lower.  Share price ready to rise.  Shorts will need to cover with shareholders selling less.  Thus the "boogie man" campaign to hold it down and try to scare it even lower while they cover. This stock fell from $15 to $10 over 3 days.  The news didn't warrant that ...more  
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 Karl63 on Nov 21, 2022 3:48pm
Of course the shorts are getting desperate, Accountprince is correct.  Look at the title of the thread . . . if a legitimate owner of the stock was disheartened enough to call it a POS, then they would sell and go on to "better" things ie. they wouldn't be around.  But these shorters hang around, begging you to sell your shares for the sole reason that it would drive the SP ...more  
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 Red_Deer on Nov 23, 2022 9:09pm
INDEED SARGE__You ARE Absoluty RIGHT About That eh !!!!!!!!! FOR EXAMPLE__Take a LOOK @@ What YOUR THC Crazed Mega-Troll With DOZENS of USER IDs Has DONE To You eh !!!! You ARE Right NOW the 3d HIGHEST SH EARNER for the Month__GREAT NEWS eh !!!!! https://stockhouse.com/members/sargex/leaderboards HERE is HOW YOUR THC Crazed Mega-Troll With DOZENS of USER IDs was Able to PROPELL YOU Into that ...more  
Comment by patrickter on Nov 24, 2022 1:17am
What does this post have to do with AQN ? 
Comment by Doodlebug on Nov 24, 2022 1:25pm
Reddeer , a member of my investment club , recently suspended or worse just before these posted transformational changes at SH.Or maybe it was a directive of MH , who knows. He always had a love hate relationship with you but it seems you are coming around to at least some things he posts.The main one he said there were at least 50 accounts of your Drug crazed troll. You said 20 now you say 60 ...more  
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
Comment by BurlingtonJohn on Nov 24, 2022 2:43pm
What a disgusting post 
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