Comment by
Megasupreme on Aug 10, 2023 12:36pm
If we get a back to back to back good earning report, stock price will go higher than $50.
Comment by
Alexcanada on Aug 10, 2023 1:07pm
possible ! I'm still holding onto my remaining shares (70%). No regrets in taking some profits previously. There's simply no selling happening at the moment. Relentless buying. I'm happy
Comment by
Gabriel on Aug 10, 2023 1:55pm
Interesting. I have also sold about 34% of my shares to reduce my concentration, including today after an 80% run year to date and litigation risks. I intend to buy back/close most of my put options now.
Comment by
Alexcanada on Aug 10, 2023 3:07pm
couldn't help myself and sold another 15K at 42.9549$ champagne tonight !
Comment by
Gabriel on Aug 10, 2023 3:51pm
It's the momentum traders driving the stock short term.
Comment by
Alexcanada on Aug 10, 2023 5:14pm
Might be related to the news about the study on Gentilly-2 nuclear power plant ... and possible reintroduction of nuclear power production in province of Quebec.
Comment by
Gabriel on Aug 10, 2023 11:08pm
Thx Alex. Too expensive though compared to hydro power. HQ should immediately stop selling our electricity at < 15 cents the kWh before considering producing nuclear at > 20 cents.
Comment by
Gabriel on Aug 10, 2023 11:13pm
To the US including NY. 13.5 cents cad https://lp.ca/xhj7yV?sharing=true Nuclear per kWh: 21.5 cents - read last paragraph at: https://www.cleanairalliance.org/wp-content/uploads/2022/02/options2022.pdf
Comment by
Alexcanada on Aug 14, 2023 11:06am
Sold most of my remaining shares this morning over 44$. Keeping only 5% I think that SNC had a great run up in the last month and I'm very happy about this investment. Yes SNC could go to 50$ (+13%) but most likely (imho), we are due for a 10% correction (at least).
Comment by
iknownothingalot on Aug 14, 2023 11:07am
Will you repurchase your position on a 10% pull back.
Comment by
Alexcanada on Aug 14, 2023 11:12am
not all of it most some ...
Comment by
Gabriel on Aug 14, 2023 12:12pm
With an 85% run this year, we are approaching the multiple of peers whilst our margins are lower. We are also in litigation on Eglinton asking the court to allow us to demobilize.. Metrolinx and project impacted people could fire back.
Comment by
Alexcanada on Aug 14, 2023 2:35pm
Yeap. ARE under 10 or even under 9 would be great
Comment by
Megasupreme on Aug 14, 2023 4:51pm
There's also general market risks that can bring everything down. The next shoe to drop IMHO likely will be commercial realestate. So it's never a bad thing to book your profits. That said SNC will be a great buy if it goes to $40.
Comment by
Alexcanada on Aug 16, 2023 10:04am
shorts are in control now 38$ and 34$ would be great steps to add or rebuy in my case
Comment by
Alexcanada on Aug 17, 2023 1:59pm
short data is out ... not a surprise https://shortdata.ca/stock/SNC.TO
Comment by
Fuergo on Aug 24, 2023 8:01am
you won't have that chance, petit jeu dangereux tant qu a moi
Comment by
Alexcanada on Aug 24, 2023 12:55pm
I'm selling my shares to you. Are you buying ?
Comment by
Fuergo on Aug 25, 2023 5:37am
I sold 30%, I still leave a little time for the rest