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07/04/18
13:58
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Originally posted by Treefern
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I think it's fair to say, Kacy, that your investment radar regarding AGL at least, is faulty. The last time you weighed in on AGL's business acumen or lack of it, you called AGL "the best short in the market". The price at the time was $20.92. Since that time it hasn't dropped below $20.92. Did you short them then, sweat bullets when they topped out at $22 last month, and have been in the red ever since? Or did you not follow your own advice, and have saved your money?
Only a fool allows his radical political views to affect his investment decisions. Your only objection to AGL decisions stems from their determination to move away from coal and embrace green initiatives. They are re-weighting their business by shifting their needle into the green because they are a very savvy bunch and can see which way the wind is blowing.
By the by, I have no idea how that impostor in the Lodge can call himself a master of free markets. Trying to tell a company how to run its own business indeed. Good for a laugh, and good on AV for telling him to jam it in his coit, publically, several times, in front of big audiences.
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Treefern, AGL's sp has never been as low as $20.92 but it will soon if they continue with their decision to put a hole in the balance sheet by demolishing Liddell and replacing it with more PPAs. PPA's are where someone else owns the power generating assets and AGL own's nothing except a right to buy power from them (middle man).