TransAlta (TA)

[KaeJS]

My order got filled. 500 at 20.07.

Then the stock dropped to $20.00.

I was kind of expecting $20.15 by the end of the day.

TA finished at $20.21 today.

Not bad. Congratulations (once again) to all of my fellow TA buyers today.

[blin10]

be careful though, it's in the red when markets had a nice rally... something's not right about that

[KaeJS]

I will more than likely take my profit tomorrow if the stock is up.

I was supposed to sell my 500 shares at $20.15. I got greedy.

And, now that I've been greedy, Mr. Market will make sure that the stock goes down tomorrow.

Why? Because pigs get slaughtered.

http://www.youtube.com/watch?v=3fMO2twAkAo

[Homerhomer]

be careful though, it's in the red when markets had a nice rally... something's not right about that

This company is trading in the same narrow range for the last 3 years, and in those 3 years the markets had ups and down, TA hasn't moved, I wouldn't loose any sleep over it.

As long as one wants to simply collect the dividends and maybe trade in and out without any long term capital appreciation, this is a decent option.

[blin10]

This company is trading in the same narrow range for the last 3 years, and in those 3 years the markets had ups and down, TA hasn't moved, I wouldn't loose any sleep over it.

As long as one wants to simply collect the dividends and maybe trade in and out without any long term capital appreciation, this is a decent option.

agreed, it's sitting on a nice support right now but if it cracks it and markets turn bearish I can see it dropping to next major support at 18.5 on american side...

[Ihatetaxes]

A decent bounce back KaeJS at the end of the day so you ended up back in the profit zone. I picked up 230 shares at 20.05 mid day to average down from the shares I bought yesterday.

[KaeJS]

^ Good Call.

[b_foot]

Thanks for all the posters on this thread. I bought 300 shares at 20.05 today. I'm holding it for the dividends. If it gets too close to $23, I will take the profit.

[doctrine]

I like TA at $20.0x. It spends a lot of time at $22-23 so you'll get your money and dividends eventually.

[Cal]

I have to wonder if there is some sort of management fall out from the price fixing that they were doing.

http://www.financialpost.com/opinion...164/story.html

Having said that, I kinda like the company, and the yield. But do not own any shares. I do have to wonder about the management, as it seems to be spinning its wheels in the $20-22 range.