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TransCanada Corp. Message Board

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  • olderdud olderdud Jan 9, 2013 7:05 PM Flag

    When Nebraska Gov approves Keystone pipeline we jump to $56

    Your missing the point. Transcanada current share price is not based on Keystone pipeline approval. The company stock price is based on current work and new billion dollar oil and natural gas pipeline deals the company has booked over the last few weeks/months. The Keystone pipeline is a 50 - 50 up in the air deal. So the first poster was correct in stating that if the Keystone pipeline is approved by the President, then the stock could jump way higher. $75 easy and possibly into the $80 to $90 range. If anything the uncertainly of the Keystone pipeline outcome is holding the stock down. Which means its way undervalued. Come March/April TRP will be trading in the $60 to $70 range, so breaking news of Keystone pipeline approval could very well send the stock near $100 a share. Though I'm thinking more $85 range.

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