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Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL

Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | T.PPL.PR.G | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines... see more

TSX:PPL - Post Discussion

Pembina Pipeline Corp > I’m out… hopefully only for a little while…
View:
Post by JayBanks on Sep 27, 2023 6:14pm

I’m out… hopefully only for a little while…

So today I sold out, reasoning being that this has not dropped as much as many other things on my watchlists and I felt this was a good opportunity to jump in some higher risk-high reward type names... I did the same with Altagas too...

I hope to jump back in here before the year is done, maybe at an even lower price. The price action here tends to dip late in the year more often than not, this year we have been dipping steadily all year, I could see some tax-loss sales possibly coming that couple be my re-entry opportunity.

I would like us to pick up interest in Trans-Mountain (unlike others), but like others, I do believe it will cause a holder turnover which again might be my re-entry opportunity.
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