Seebe Hydroelectric Dam near Exshaw at Night. Owned By TransAlta. James_Gabbert Note: All amounts are in Canadian Dollars. Stock Price referenced is the one on TSX. Let's face it. The TransAlta Corporation (TSX:TA:CA) thesis has not worked out. While we had a nice total return on its subsidiary TransAlta Renewables (which was eventually assimilated into the parent), TransAlta has been a far less satisfying experience. Since our first buy rating on this stock, it has been a value trap extraordinaire. Data ...