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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 > There is NOT a Bottom to This Stock Right Now
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Post by DeanEdmonton on Oct 18, 2023 3:37pm

There is NOT a Bottom to This Stock Right Now

Too many negative factors, plus fear, are driving this stock down. It does not have a lower support level at this time. If you bought it higher and can cature the loss for tax, you may well want to consider that. If you are stiuck holding till it gets bought out or turns around, I would bet on a buy out before a turn, I wish you the very best of luck. Man I hate seeing retail investors get fleeced like this, with zero consequences to the board and executive.

Comment by rusty777 on Oct 18, 2023 4:58pm
Yea - that's the beauty of being Management or on the Bod.  You get rewarded for doing a bad job.....the worse you do the more you get rewarded with the good old golden parachutes - Why work for a measely 5 - 6 million a year (plus perks) when I can get myself let go and receive 10 - 20 million in severence.......with NO FREAKING accountability!!! It's a dream job either way Rusty
Comment by SargeX on Oct 18, 2023 5:46pm
Hey Dean I hope all is going well. What a mess!! I really thought AQN would bounce back once Banskota was gone and the activists were in the mix. As I noted in my previous post, thank heavens we hedged our bet. I'm now fine with our remaining 5940 shares and think there's still a bit of a medium term future for AQN but it is going to be tough going until then. If it does miraculously ...more  
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