E Split Corp T.ENS

Gotta love the market

[Obscure1]

Nothing like writing a rah rah post in the middle of the night just to wake up to a punch in the mouth.......the market humbles us all

[Ganyman61]

12.82$ is a big resistance level if can get above that it should be clear sailing to a least 14$. It's tried the last few days but not yet.

[Experienced]

Obscure....lol....was thinking that had to be the reason for price drop...lol That said - here is my take As I have mentioned before, I am bullish on ENB.  My long position on ENS stems from the fact that it is selling at a discount to NAV.  I like buying things that are on sale and at a price less than what they are worth. In terms of ENB, I think the market is discounting the SP due

[Ganyman61]

Looking at it from technical resistance! Lol!

[Obscure1]

Great point about the importance of lowering costs.  That quality seems to be grossly overlooked in today's world.  I expect ENB's bottom line to continue to grow which should drive the share price.  Ther markets seems to have forgotten that earnings are driven by both revenues and expenses.  ENB will always be constrained by revenue growth due to a number of

[Experienced]

Obscure.....good points about the regulators although rate hearings are very complex and it also depends on the lags between changes and regulatory decisions.  I would think that in a cost cutting scenario there would be a lag to the benefit of ENB. As for your comments about Elon, the election math (especially the Dems) is heavily weighted towards handouts to the poor since more than 40% of