TA, Transalta

TA  feb 28, 2014

The most recent was at $12.28. We may or may not match that. In any event with a yield of close to 6% and a near perfect 6 year correction of about 2/3+, this stock looks like it might be a buy. It is alleged to have manipulated electricity prices and is under investigation for that. We doubt that much will come of it so this could be that low where it is a buy. Back in the 1980 this stock was trading just under $10 so you are looking at a long time low. See also previous blogs.