Innergex Renewable Energy Inc T.INE

Bought 4000 shares at $16.61 at the open

[Vega1357]

Good for me!

[Stratocheif]

Do you think that was the bottom? I'm gonna wait some more because I bought some at 22, then some at 19. Imo, the only thing holding this stock price up is the dividend. If it wasn't for that, it would be a dollar. There is no equity here. It's all debt and " intangibles" which in my book are nothing. How dare they claim about a billion of intangibles. They own windmills

[Vega1357]

Whether $16.60 was the low depends on the course of inflation and interest rates. It is a given that short-term interest rates will rise. The question is how much? Rising interest rates are anathema to dividend stocks such as utlities. It will be a matter of reading the incoming economic statistics on producer and consumer prices and judging when you think interest rates (sort and long-term) have