Algonquin Power & Utilities Corp T.AQN

Blue Chip Stock...Really?

[rusty777]

Well, it's truly amazing how a "Blue Chip" stock can fall over 50% under the  stewardship of the right senior leadership and BoD.  They must be SO PROUD of what they have done for this company........but then again they still get to collect their multi-million dollar salaries without any accountability - great job if you can get it.....take a company that is valued at over 13 billion dollars are reduce it to less than 6 in 12 months...what a skill set!!!

Sadly the only way out of this mess is to rid ourselves of senior management a the BoD...which won't happen as the golden parachutes that are set up will even further diminish the coffers by the tens of millions if not hundreds of millions of shareholder value.

It would not surprise me to see a class action lawsuit coming - not that those ever really help the shareholders but it might make for some sleepless nights for these folks for what its worth.

GLTA

Rusty

[BSdetector2016]

It is a new class of stock; the Brown Schyte Stock.

[Uraniuman308]

Hard to believe this was an analyst darling (shows how much they know).  I can't recall how many times it was recommended on BNN.  Even and I mean even if they are able to turn things around, this will stay in the penalty box for a very long time.  Who could ever recommend this stock again?  JMO

[BSdetector2016]

This one is straight out of the Cornhill/Harris playbook of how to destroy your own company. Banskota followed the ALA plan closely. 

[harvester]

Pham at BMO seems like the closest to legit analyst with a $7.50 hold

[AlwaysLong683]

Investment managers and analysts are the ultimate Monday Morning Quarterbacks. They pump a stock, then when things turn sour, they simply "downgrade" the share price estimate or tell you to "hold". Analysts who blow it are especially incompetent as they often specialize in that particular sector (e.g., Power and Utilities stocks), so they spend their working days just analyzing