09-14-2021, 07:01 PM
If anyone here tracks a site that has reliable and current insider trading info could I ask you to check out ALE? It's the only utility I actually trade. I never miss an earnings call and have owned them off and on for 25 years. It's falling WAY faster than the sector. I was out when it started but have been buying a lot of shares thinking this was a normal dip. Their regulated business is affected by the iron ore mining industry so that isn't it. It's the reason the stock languished the past few years but that can't be it now. Aggressive on out of state renewables projects with a goal of being 70% renewables by 2030 (total portfolio, not their regulated customers). Cleaner every year so I don't see political risk at the moment and those projects have better margins than their regulated biz. There is no news but something smells. It's a opportunity or I am a fool but I think somebody knows something. Near 4% dividend is reliable so I can wait out temp problems.