TC Energy has got to fall
TRP is the company that has been trying to build the Keystone XL pipeline. They, after much wrangling with activists and protestors, have thrown in the towel and are calling it quits on the pipeline. It seems a no-brainer that they will have to change their guidance. I assume without actually looking that their current price includes some speculation about completion of said pipeline and said speculators are likely gonna take their money and run for the hills.
What do y’all think?
Feel free to call me retarded, but explain why as im considering puts first thing tomorrow morning. Dont mind when my hare-brained ideas get shot down by smarter people.
Currently no positions in TRP.
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June 9, 2021 at 04:49PM