Sat, Nov 29, 2014, 1:37 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Encana Corporation Message Board

  • margin321 margin321 Mar 3, 2005 7:20 AM Flag

    my ECA weighting increasing

     

    ECA now up to 25% of my stock holdings and 10% of overall portfolio (I am 40% stocks, 60% mutual funds) .

    That is the highest concentration of any one holding that I have ever had on the stock side.

    I really don't see any need to reallocate however. The value proposition here is very high and there are a lot of potential trillions of cubic feet of gas and billions of barrels of heavy oil from oil sands that are not being reflected in the share price.

    On the other hand I do need a new stock or two. I like to keep 20 but am down to 17. I can't find anything I like better. I like the WMC business and value case - I just don't like the low ball offer hanging over the company and the fact that the share price might drop 1) if the offer succeeds or 2) if the deal as expected falls apart and the company is no longer in play (ie it becomes clear a bigger offer is not sitting out there).

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
ECA
15.78-2.04(-11.45%)Nov 28 1:04 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.