X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.3 In other words, the correlation coefficient of the other stocks
Investor sentiment seems to be at a low with this company; oil is up almost 3% the market's up 80 points, major competitors are up, and this thing still languishing in the red during active hours, and again during after market trading hours.
Tom... You can come down from the ledge. You'll be singing a different tune by year end.
Hopefully oil doesn't sink below $40 per barrel or 52 week low will seem like a dream.
Going to raise dividends 10 to 12% for the next few years. I'll collect that while I wait.
And we pay a broker when we want to sell? How much a loss here. We had NO control.
Outlook isn't very good partly due to the risk of a bad merger program that creates more problems than saving $$. If things go well enough don't worry about the stock price just be happy with a 4+% dividend while you wait for more optimism about the future earnings. If you don't want to take a chance on the merge dynamics then sell now.
Another NEWWWWW 52 week low! The only people making money out of this merger is the corporate hierarchy. Down another 2.5% today and another .16% after hours. That's now down 14% year to date. For the chartists out there, this thing just broke out of it lower Bollinger Band. How low can it go?
Yahoo Finance Insights
ENB reached a new 52 Week Low at 37.40
Not only does this POS lose 11% YTD, but now they impose a 15% Canadian tax, which means for me, a $600.00+ loss every year, as I can't write it off because it's in an IRA. From my perspective this merger has been a loser from the get-go.
And there you have it, a NEW 52 week low. This company is going places, right down the toilet, and taking the shareholders with it.
Thanks for replying back Donleye. So your saying the Federal gov will not try and tax my $1089 at the 15% rate? If that's so Ok I am Happy! Still hope they get it fixed where there transfer agent (CST) can sell shares online instead of going through a broker. I was in SE direct plan where I could do every thing online. Thanks
Well after this Great Merger my 2900 shares of SE witch payed me $1276 dollars per quarter now pays me $1089 per Quarter. Am i missing something here? it will take me about 4 years to break even on what i could have been making. Plus to sell my shares now I have to go through a act of Congress! What a Great Merger!!
Here's a recent excerpt from Finance News Daily : As Enbridge INC (ENB) Market Value Declined, Holder Caisse De Depot Et Placement Du Quebec Trimmed Its Holding
May 24, 2017 - By Marie Mckinney Caisse De Depot Et Placement Du Quebec decreased its stake in Enbridge Inc (ENB) by 0.26% based on its latest 2016Q4 regulatory filing with the SEC. Caisse De Depot Et Placement Du Quebec sold 101,936 shares as the company’s stock declined 5.78% while stock markets rallied. The institutional investor held 39.21 million shares of the natural gas distribution company at the end of 2016Q4, valued at $1.65 billion, down from 39.31M at the end of the previous reported quarter. Caisse De Depot Et Placement Du Quebec who had been investing in Enbridge Inc for a number of months, seems to be less bullish one the $65.21 billion market cap company. The stock rose 0.43% or $0.17 reaching $39.87. About 2.34M shares traded. Enbridge Inc (USA) (NYSE:ENB) has declined 0.40% since May 24, 2016 and is down trending. It has underperformed by 17.10% the S&P500.
Recent from USA Commerce Daily. It show ENB falling well below the industry's average for ROE, and ROA. Here's an excerpt : Is it turning profits into returns? Two other important profitability ratios for investors to know are both returns-based ratios that measure a company’s ability to create wealth for shareholders. They are return on equity and return on assets. Return on equity measures is a company’s ability to turn an investor’s equity into profit. The higher the return on equity, the better job a company is at optimizing the investment made on shareholders’ behalf. Enbridge Inc.’s ROE is 3.6%, while industry’s is 16.06%. The average ROE for the sector stands at 13.09%. Return on assets, on the other hand, measures a company’s ability to turn assets such as cash, buildings, equipment, or inventory into more assets. ENB’s ROA is 1.51%, while industry’s average is 9.29%. As with any return, the higher this number the better. However, it, too, needs to be taken into the context of a company’s peer group as well as its sector. The average return on assets for companies in the same sector is 6.97.
Great ENB takes us over and we sink. #$%$?
I think ENB might have reached its upward limit and that a pullback may be possible. Im not sure about you guys but awesomeSTO-CKS has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
Market's up or down this turd still in a free-fall. On a percentage to price basis this POS down twice as much as its major competitors. Within 10 cents of a new 52 week low. Can't sell because I had faith in this company and now have too much to lose.