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Compiling comments that experts make about stocks while on public TV.

2016-12-05

Opinion for Emera Inc (EMA-T)

Signal Price Bias Subject Owned
DON'T BUY $44.200 BULLISH TECHNICAL ANALYSIS & SEASONAL INVESTING Unknown

These stocks tend to underperform this time of year.  EMA-T is in a distinct down trend, breaking to new lows.  It is below the 20 day moving average and momentum indicators are negative.  There have to be better opportunities.

Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM http://www.horizonsetfs.com/

1 Comment

utiac

December 9th 2016 at 10:42am

In August this year they issued over 50 million shares by way of converting debentures. If you owned shares at that time, it diluted your share value by more than 25%. In November they issued 6.6 million more via a bought deal financing and sold 12.9 million shares of AQN for proceeds of 141+ million. Sounds to me like a company struggling to keep debt under control. Wouldn't go near them.


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