Investing

The [New Issues/IPO] thread - AQN $13.25

  • Last Updated:
  • Dec 7th, 2017 2:44 pm
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Deal Expert
Feb 11, 2009
15682 posts
1765 upvotes
Toronto
Oh god....that roots IPO hurts lol....completely forgot it was trading today, checked my portfolio down 15% :/
Selling Grizzly Privy Maple Leafs - $33 ea - PM!
Deal Addict
Jun 3, 2009
3802 posts
461 upvotes
Montreal
deal_with_singh wrote:
Oct 25th, 2017 11:27 am
Oh god....that roots IPO hurts lol....completely forgot it was trading today, checked my portfolio down 15% :/
This is why TJX, ROST and DLTR are the only retailers I would still buy.
Newbie
Aug 17, 2011
97 posts
18 upvotes
TORONTO
Projek9 wrote:
Oct 18th, 2017 7:24 pm
Questrade asked me how many shares of roots I wanted to purchase. Minimum is 5k so I put in 5k and I got a confirmation for buying 100 shares a few weeks later. LOL...
Looks like Questrade did you a favour!
Jr. Member
May 10, 2009
149 posts
18 upvotes
willdaman wrote:
Oct 26th, 2017 11:59 am
Looks like Questrade did you a favour!

Haha yeah tell me about it :(
Member
Feb 21, 2010
428 posts
71 upvotes
Scarborough
Look at ATZ. I like their growth and strategy
cn_habs wrote:
Oct 25th, 2017 11:33 am
This is why TJX, ROST and DLTR are the only retailers I would still buy.
Member
Feb 26, 2017
331 posts
93 upvotes
500M Bought deal with AQN. About a 4% discount. Its still open withTD.

Algonquin Power & Utilities Corp.

Short Description: Treasury Offering of Common Shares via Bought Deal
Price: $13.25 CDN per share.
Settlement: On or about November 10, 2017.
[OP]
Deal Expert
User avatar
Sep 19, 2004
20497 posts
3168 upvotes
Waterloo
Chance7652 wrote:
Nov 1st, 2017 7:40 pm
500M Bought deal with AQN. About a 4% discount. Its still open withTD.

Algonquin Power & Utilities Corp.

Short Description: Treasury Offering of Common Shares via Bought Deal
Price: $13.25 CDN per share.
Settlement: On or about November 10, 2017.
Still open in TDW
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Member
Feb 26, 2017
331 posts
93 upvotes
I think its a good price for AQN. Its a stock that I own that I've been buying it as it goes up. I've got a 12.50 cost basis but bought 300 more shares two weeks ago at 13.53.
Deal Addict
Jun 3, 2009
3802 posts
461 upvotes
Montreal
Chance7652 wrote:
Nov 1st, 2017 8:30 pm
I think its a good price for AQN. Its a stock that I own that I've been buying it as it goes up. I've got a 12.50 cost basis but bought 300 more shares two weeks ago at 13.53.
Didn't LB, BIP.UN go right up after the small drop because of their recent equity offerings?
[OP]
Deal Expert
User avatar
Sep 19, 2004
20497 posts
3168 upvotes
Waterloo
I knew it, the moment I subscribed, it tanks

I skipped ATD.b $57.7 and it jumped next day to $62 and now $60 still
I subscribed AQN $13.25, it dropped -5% to $13 (I shoulda sold at $14 for my last $13 pick up in September, oh well)

I won't subscribe in future then, it's like a lottery crapshoot
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Member
Feb 26, 2017
331 posts
93 upvotes
cn_habs wrote:
Nov 2nd, 2017 9:36 am
Didn't LB, BIP.UN go right up after the small drop because of their recent equity offerings?
It all depends what the market thinks of the dilution from issuing new shares. I Don't know about LB but with BIP the market is really bullish. Everything they do is looked at positively right now (I'm glad I own this one). If the market thinks its too much debt the stock gets punished like CVE.

For AQN, Looks like this is related to this.

http://www.bnn.ca/algonquin-power-expan ... a-1.903142
Deal Addict
Jun 3, 2009
3802 posts
461 upvotes
Montreal
Chance7652 wrote:
Nov 2nd, 2017 10:03 am
It all depends what the market thinks of the dilution from issuing new shares. I Don't know about LB but with BIP the market is really bullish. Everything they do is looked at positively right now (I'm glad I own this one). If the market thinks its too much debt the stock gets punished like CVE.

For AQN, Looks like this is related to this.

http://www.bnn.ca/algonquin-power-expan ... a-1.903142
I think utilities like AQN have yet to fall out of favor with the street unlike some heavyly indebted energy firms like CVE.

Additionally, the 200 dma of 13.04 seems to be holding for now.
Deal Addict
Jun 3, 2009
3802 posts
461 upvotes
Montreal
Chance7652 wrote:
Nov 2nd, 2017 10:03 am
It all depends what the market thinks of the dilution from issuing new shares. I Don't know about LB but with BIP the market is really bullish. Everything they do is looked at positively right now (I'm glad I own this one). If the market thinks its too much debt the stock gets punished like CVE.

For AQN, Looks like this is related to this.

http://www.bnn.ca/algonquin-power-expan ... a-1.903142
It's looking good so far so let's hope for the best.
Member
Feb 26, 2017
331 posts
93 upvotes
jerryhung wrote:
Nov 2nd, 2017 9:59 am
I knew it, the moment I subscribed, it tanks

I skipped ATD.b $57.7 and it jumped next day to $62 and now $60 still
I subscribed AQN $13.25, it dropped -5% to $13 (I shoulda sold at $14 for my last $13 pick up in September, oh well)

I won't subscribe in future then, it's like a lottery crapshoot
Jerry its 13.47 now. You've got to start posting when it goes well in addition to posting about the losses :)

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