Seeking Alpha
  • Mercy Jimenez
    Atlantic Power AT = new DRIP program @ 3% mkt price discount; from 8% to 11% effective yield; Long/overweight http://prn.to/N5K9N3
    8/8/12
    Reply (12)
    • neobliviscar: Like a red dress at a funeral, you just got my attention. It was a close call last time I read over AT, but revisiting it again and think I
      8/8/12
    • neobliviscar: am going to stuff some into one of my retirement accounts. Need to read up on the DRIP first.
      8/8/12
    • Mercy Jimenez: Never thought of my post " Like a red dress at a funeral" -- but if it caught your attention that must be good -- LOL
      8/8/12
    • neobliviscar: Yes, Red Dress at Sicilian Funeral. Ciao bella! ~ You make an argument for above 10% and I have a tax free account that smiles like a puppy.
      8/8/12
    • Ocean Man: Yeah, that basically added 3% to the yield. Nice.
      8/9/12
    • neobliviscar: Own a little AT now. Still reading through everything as it will take me a few days and questions to feel comfortable going larger.
      8/9/12
    • Mercy Jimenez: Well the best times to add AT are during their secondary offerings to fund another acquisition -- then its a bargain for a few days.
      8/9/12
    • neobliviscar: Still reading. How often does this occur? Curious about some of their projects.
      8/9/12
    • Mercy Jimenez: Their last 10K had great historical perspective on both their acquisitions as well as organic growth: http://bit.ly/P7F5Y6
      8/9/12
    • neobliviscar: Have it on my desk and went round 1 with it last night. Round 2 today during lunch and in the gym. Quite a mix of head winds and tailwinds.
      8/9/12
    • neobliviscar: Still, not much else in the market I can get excited about now for my retirement accounts. Might be a slow +add as I go position 4me.
      8/9/12
    • Mercy Jimenez: Agree Neo; have AT down near $11 so I am always tempted to add; now only add trading blocs to supplement long hold; diversification=key 4 me
      8/9/12