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Bullboard - Stock Discussion Forum Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and... see more

TSX:ENB - Post Discussion

Enbridge Inc > $314 million cross...just another day at the zoo
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Post by Marner16 on Feb 03, 2021 4:44pm

$314 million cross...just another day at the zoo

There is absolutely NO short squeeze happening on ENB stock.

Today's close was just another day at the zoo for ENB. 

Volume of the cross was up a bit higher than average, but with only 7 more shopping days, higher volumes seem likely.   If The Buyer is a real thing instead of something born in my mind, it follows that The Buyer would want to grab whatever shares it can before the public becomes aware on the 15th. 

With 5 more shopping days until ENB goes ex-dividend, higher share prices also seem likely as ENB typically follows a similar pattern each quarter. 

I don't expect any fireworks in the next few trading days as that is not ENB or BRK's (hopefully The Buyer) thing but it wouldn't surprise me at all to see a steady climb in share price for the next week unless the market itself presents a strong headwind.
Comment by Fantome on Feb 03, 2021 6:54pm
This post has been removed in accordance with Community Policy
Comment by FreeAtFiddy on Feb 03, 2021 7:08pm
This post has been removed in accordance with Community Policy