Algonquin Power & Utilities Corp T.AQN

Free Fall

[RusticHit]

This has been in free fall for more than month now and Every one is Under the water now except Shorts Markets rebounding big today and she is in Red again what that tells you ?? Dang

[SargeX]

First off, not everyone is under water. At a $9.12 share price, my wife & I are still up $18.6k including dividends but we have held it since Nov, 2011. (so obviously should be better) Secondly, AQN still has some excellent assets and is in a way better postion than what ALA and IPL were. Ideally, they can get out of this KPC deal and the stock will rebound immediately and they won't have

[RusticHit]

Thats good for you and your wife Calls are very cheap and no one buying them like this at bargain prices tahst another reason this will go down more 

[dileas48s]

Yep, I'm in Sarge's camp.  As bad as the share price is the central problem isn't really debt, it's the rise in interest rates, which as has been discussed here - there is a recovery path for that, it just takes a while (and eventually rates will retreat also). I think talk of a sale / takeover is ludicrous.  Whether or not they can the KY deal remains to be seen. 

[1northumberland]

With someone not being a shareholder you seem engaged on this forum. Ludicrous for takeover ? - this is when the deals are done. Maybe your short? If so, thank you for the dividend 

[RusticHit]

I am just watching No position i bought around 10 but SL kicks in so all good 

[dileas48s]

I'm a former shareholder and last sold my position in May of this year.  I'm not short, but I am waiting for lower prices to restart my position.  I'm very familiar with Liberty and the world of distribution utilities and I might get burned with my market timing approach, but as others have said, this is not the only good opportunity out there, so I'll wait.

[RusticHit]

If they have cut the Div. last month i think Damage would have been same as now but  when they will cut it Next year this will drop another 15-20 % Dang

[Zebec2021]