Post by
DeanEdmonton on Aug 08, 2022 10:58am
Need to Quit Worrying About Short Term Swings
I see a lot of commentary on this board about 2 and 3 dollar swings in this stock price. This not not a good candidate for short term trading. Buy it, collect your dividend and ignore the share price. Trying to figure out what moves the price a buck one way or the other on any particular day really is a mugs game. What I look at is the 6 month, 1 year and 5 year trends. Is the share price showing an upward trajectory, growing earnings and increasing dividends. You can easily answer yes for this stock. Is there any reason to expect that long term trend to reverse, NO. Buy, hold, don't check stock price every day, it will make you nutz. Sleep well.
Comment by
Ariahp on Aug 08, 2022 1:49pm
Agree with your thoughts. My problem is I own 66,574 shares and every dollar down is a eye opner. LOL But I have been in it for the long term and plan to stay that way. Divi increase coming after the KKR full integration. GLTA
Comment by
bttmfischer on Aug 12, 2022 11:01am
Sarge, the REAL IDIOTS are those of our fellow citizens who elected him. I get $0 OAS, if that mekes you feel better.
Comment by
SargeX on Aug 12, 2022 12:29pm
This post has been removed in accordance with Community Policy
Comment by
CanSiamCyp on Aug 13, 2022 12:45pm
This post has been removed in accordance with Community Policy
Comment by
Ariahp on Aug 14, 2022 2:56pm
Hey Sarge: I get my OAS clawed back and I have Zero problem with that. I just consider my self lucky enough that I dont NEED it There are people who rely on their OAS and I am glad to be foregoing mine to give to the less fortunate. About Turdy.....hope he goes into oblivion soon . We need a breath of fresh air in Ottawa. GLTA
Comment by
dileas48s on Aug 09, 2022 7:19am
Maybe this comment from you was inappropriate??? "It's gone nowhere except a quarterly dividend. Well, you're a suck in a 3 piece suit if one is happy with that." Have all the opinions you want, but maybe present them more respectfully?
Comment by
SargeX on Aug 09, 2022 11:44am
Hey Dil I hope all is going well for you these days. That was exactly the comment that triggered my response. Definitely sounded arrogant to me. Take her easy Sarge
Comment by
Ariahp on Aug 09, 2022 6:59pm
Stockmaster1 I remember when the shares were at about $26. I kept on buying. Today my average is $34.27, so I am in the green. When it eventually goes to say $52, that $5 * 66,574= over $330k I own KEY, ENB, SU, IGM & BCE, AL L THESE OVER A PERIOD OF 35 YEARS. I AM NOW EARLY RETIRED! I am doing ok in life.
Comment by
stockmarket1 on Aug 09, 2022 9:18pm
Thanks for the kind response Araihp. That's awesome that PPL is doing you great. I just added PPL to my portfolio in January 2022 so I haven't held it as low as you have. My cost is just about the $38 level. And as I said previously here. I plan on holding this and adding for a long time. I just wish I had as many shares as you currently have lol. Unreal! :)
Comment by
stockmarket1 on Aug 09, 2022 9:23pm
Oh, and I'm really liking SU at this level. I think the current change will benefit Sunor down the road. A nice Divy increase too.