I think we need to see if TA gets a favorable outcome with it's squabble with TransCanada and then it gets back above $20...if not we are going lower I think. Should get a ruling in the next few weeks if I remember correctly.
I think we need to see if TA gets a favorable outcome with it's squabble with TransCanada and then it gets back above $20...if not we are going lower I think. Should get a ruling in the next few weeks if I remember correctly.
Any thoughts on the penalties they're incurring? With their liquidity long term is likely still okay, but I'm unsure about long term plays in this roller coaster market
dipped for more, but if it breaks support that it's at right now it will go lower where i'll be dipping more :>
These guys are going to report a $150M impairment when they report on the repair. Thats $0.66 a share - these guys are lucky if they make that in three quarters, and they're still paying their dividend. You take your chances - I sold back at $20 and am not buying back.
i think price already reflects that... but ya it's def not for weak stomachs
Down another 3.5% today.
I'm glad I parachuted at $21+ over a year ago.
Seems like a classic falling knife.
ya it's going down pretty hard after that news but how low can it go
New shares issued at $14.30.
I guess this means they are not cutting the dividend then
I have the answer for you; nearly 10% since you posted.Originally Posted by blin10
Anyone interested now? Doctrine/Harold?
“Simplicity is the ultimate sophistication.”
A month ago, they reported a loss of $3.50 a share. Even adjusted, they still had a loss of $0.10 a share, and paid a $0.29 dividend on top of it. Two days ago, they announced a purchase of a power plant in Australia, and issued 19.25 million shares at $14.30 plus $150M in preferred shares. They're already down to $14.15. Anyone hoping to see $20 again is a long way off.
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