Enbridge Inc T.ENB

I could not help but: Dow -240 Oil -U$2.00+ ENB +c$0.12

[ckwong]

So many people asking why oil and Dow goes up and ENB goes down. Today shows them there is not much relation for daily fluctuation. Even so much news about Line 5.

[FiddyFiddyOddz]

Perhaps ENB managing to squeeze out a green close today was a reaction to the debunking of the fake news story regarding Biden shutting Line 5 down.   All other pipelines were in the red, why ?  Oh, i dunno, maybe the drop in oil price, and the fact inflation is going nuts might actually have something to do with it..... Ckwong wrote:"So many people asking why oil and Dow goes up

[Quintessential1]

Yup that and ex-divy approaching.  Lock in that divy.

[FiddyFiddyOddz]

It's unfortunate the fake news story came out and drove the share price down. Had that not happened, ENB may have very well been north of fiddy five with the run up to the ex-div. Quin wrote:"Yup that and ex-divy approaching.  Lock in that divy."

[Quintessential1]

Fiddy five,  then what?  Sell?  I just collect my divy and let the share price chug up.  It does a nice run up every quarter at ER and the next one should be even better. Go Enbridge! ;-)

[silkos]

Allow me to disagree on the possibility of a 55+ run in this cycle. There is a reason for everything. On fake news usually solid companies recover very quick. Not the case obviously here. We've seen it before. ENB is not a sprinter, it's a marathoner. Check s/p starting tomorrow as downtrend will start after hours due to ex div day expiry.

[Quintessential1]

Thanks for expounding on something we had already agreed upon.  Nice to know that Captain and Major Obvious lin on here through you. Had that not happened, ENB may have very well been north of fiddy five with the run up to the ex-div.