Q: Hi Peter & Team :
Enbridge Income Fund ENF had bounced from about $22.50 to $23.76 in the last 5 days. I intend to take a full position for income for the long term and wonder why it has popped up so much. I also own PPL TRP and BTE. Is there any company specific reason other than market buoyancy? Could I reasonably expect a pullback below $23 in the next few days or should I just go ahead and buy now?
Many thanks......... Paul
Enbridge Income Fund ENF had bounced from about $22.50 to $23.76 in the last 5 days. I intend to take a full position for income for the long term and wonder why it has popped up so much. I also own PPL TRP and BTE. Is there any company specific reason other than market buoyancy? Could I reasonably expect a pullback below $23 in the next few days or should I just go ahead and buy now?
Many thanks......... Paul