Algonquin Power & Utilities Corp T.AQN

I HAVE seen this MANY times,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

[Red_Deer]

Been in the markets since 1980 and thus have EXPERIENCED quite a number of NOSE DIVES by Large, Basically GOOD, Companies__Whenever Mr Market Has Been SURPRISED/SHOCKED by
a BAD Report by Management.

In ALL CASES the Drop I DID SEE was ALWAYS in the 35 to 40% Range__So as AQN had Plunged from $15__the Current Trading range the past few weeks IS Exactly in THIS RANGE

Also in MOST CASES the Companies I Experienced over the Past 4 Decades INDEED DID RECOVER Nicely. 

So AQN right now IS Exactly WHERE it SHOULD BE eh ????

[SargeX]

Totally disagree with the 35-40% and the most cases recovering. First off, AQN hit an intdra-day high of $22.67 on Feb 16, 2021 and a 52 week high of $20.19 on Apr 8, 2022 representing a 58.5% and 53.4% drop respectively. I'm sure there's more but ALA not recovering is always my favourite and is a imilar situation to AQN with buying a large bad asset and getting into debt trouble. ALA

[pennydredful]

Should    retrace   from   the low  about   50%    to   the previous    high     ie    to    15.25-15.50 Cdn.    assuming   we   have    hit   the  low   9.25   ish   (  jury  still  out

[BSdetector2016]

We just need to sit back and hope that the Kentucky Smoke Belch deal is dead. That will at least roast a few shorts.

[newcoin]

The smart ones are the insiders at ALA that bought the stock under $10 in 2020 and then rode the share price all the way up to the mid 20s. I notice the insiders at AQN have purchased all around the present price and started buying in the 12s. They will do very well. As will I.

[pennydredful]

Insiders bought  nothing   in   3.5   weeks   only    exercising     cashless   freebies.  They  have already  done very well  even  if AQN  goes to zero. 

[rustyblades]

Another example of a utility that has still to recover to previous highs is TransAlta (TA) which I now own. It traded at over $30 15 years ago. This one won't see $20 for quite a while. Glad I sold all my shares when they announced the KP acquisition.

[Red_Deer]

In ALL CASES the Drop I DID SEE was ALWAYS in the 35 to 40% Range__So as AQN had Plunged from $15__the Current Trading range the past few weeks IS Exactly in THIS RANGE Hey SARGEX__You have NOT UNDERSTOOD my Point__I Was NOT REFERRING to Drops From HIGHS seen Many YEARS AGO__I WAS Referring to the HUGE DROP on HUGE VOLUMES we saw a MONTH Ago.  So DO You UNDERSTAND THIS Now eh ?????

[bmbruce]

agree..seen the same in the past..AQN will most certainly recover once this whole interest rate/inflation debacle plays it's way out... with hindsight we can see how they got themselves and their shareholders into this situation but keep in mind that their mistake can arguably be understood when we look back and see what Mr. Powell and the FED did in blindly missing the obvious signs of

[AlwaysLong683]

Here's some perspective on FED mistakes over the past 18 months. US Inflation has been running at 5.00% or more since May 2021. The FED initially believed that inflation would be transitory given supply chain congestion and other factors present at the time, so the market said great, no interest rate increases, cheap debt, etc., let the borrowing continue. By February 2022, inflation was