Post by
coolfooldumbguy on Sep 23, 2024 2:30pm
Big buying going on for this stock last week and
It is continuing this week,so glta shareholders.
Comment by
wkrpradio on Sep 23, 2024 2:39pm
The Fed lowering by .5 % has a lot of people buying utilities. CPX has moved a lot in the past week also.
Comment by
coolfooldumbguy on Sep 23, 2024 7:38pm
You are correct that the utility stocks are popular right now, so that shareholders are looking for slow and steady stocks for safety and income in these turbulent times,so glta.
Comment by
Alim33 on Sep 23, 2024 8:17pm
Did you say slow? Up over 50% in the last 6 months.
Comment by
rustyblades on Sep 24, 2024 11:30am
TA will be increasing their dividend in December, but you're right. Whoever is buying is not buying for the income. My guess (pure speculation) is an imment deal between TA and a large data center moving to Alberta. TA started to move at the end of July when the possibilty of Alberta electricity for data centers was mentioned in a TD morning call report.