Thanks RGCHJR for your reply. I appreciate you sharing your experience and expertise in this stock. I increased my position another 1k shares(50%) just before this recent selloff. Very poor timing!. But after hearing from you I'll hold for the long haul. Thanks again. My number 1 position now is KOG and I'm holding long term also, at least another year or two.. Regards, Shorepine Dave in Olympic Pen. WA. Accross from Vic.
I like the company and am holding for the long pull. Love the pipeline and nat gas utility businesses. My largest holding in this area is SE. I remember when it was spun off from DUK and it tanked. I bought what I consider a full position and then started to follow this company and bought about 1/2 a position. Right now I am fully invested in the stock part of my asets and would need to sell something to buy more. AS dividends roll in from all the stocks in my traditional IRA I might buy some more ENB. I always scale in because I am bad at timing.
Apparently your hypothesis is wrong because the shares are almost up a buck right now. Must be more driving this stock. Is it actually undervalued and now moving higher due to Greek mess calming down.
I have thought for quite awile that the dominant theme of the early 21st century would be energy. The cheapest way to move hydrocarbons is thru pipe. The price should continue to go higher as the CAPEX gets implimented. I am relly impressed by the projects they are undertaking.