Algonquin Power Buy Hold Sell

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Hi Dan. I bought Algonquin Power at about $17.50 per share so i am down about 4200,00. What would your outlook be over the next year or so. Should i buy more , hold on or sell. Thanks.

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Asked on November 26, 2022 5:05 am
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Hey there Steve. I actually published a big youtube video on this and sent it out early to Premium subscribers. You may have missed it. I will drop a link below.

https://www.youtube.com/watch?v=O2AdX01uoW0

Long story short from this video. I've soured on the company, but I feel the selloff was a bit overdone, so I simply hold right now. I typically have a 2 week wait period before I sell a company after something like this. It allows prices to settle and allows me to avoid emotional moves. In this situation, I would have sold no doubt after the 18% drop. But after it dropped 30%+ I felt it was a bit overdone.

Definitely am not buying at this moment even though if it does perform well as a company there could be some upside here. Equal chance it struggles.

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Posted by Dan Kent
Answered on November 28, 2022 12:54 pm
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