Over $24 now, other than the new contract with Suncor, there's other talk of possible pipeline takeovers of IPL and others like PPL, pushing up the stock prices
Over $24 now, other than the new contract with Suncor, there's other talk of possible pipeline takeovers of IPL and others like PPL, pushing up the stock prices
I was watching stock today and noticed it went up to .60 first thing in the morning with no news that I could find. I sold some other shares of other stocks and to my delight, IPL.UN went down to the opening price. I bought my shares at this price and was again surprised when at the closing bell it went back up . It doesn't seem to have much liquidity and will probably act inversely proportinate on the downside but still love the stock.
On one hand, happy to see it rise. On the other hand, I really wish IPL.UN would go lower. Would love to buy more.
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IPL.UN down 4.27% on Friday, Christmas came early for meI'll load up some more on Monday if it doesn't bounce back too quick.
Over the past 3 years, price touching or going through the 200 day average when coincident with RSI below 30, have been good places to buy.
If nothing has fundamentally changed with the company, another dip to 200 day average is where I will add more shares.
- live chart (1year daily): http://scharts.co/Xw8DS3
Last edited by zylon; 2013-02-12 at 12:38 PM. Reason: added live chart link
Also, fundamentally speaking the yield touched 5% with the recent dip. That was my own buy trigger. Topped up in my TFSA to 300 shares total.