Crius Energy Trust Tr Unit CRIUF

Canaccord downgrade and target price now $7.50

[maypeters]

Canaccord Genuity analyst Raveel Afzaal downgraded Crius Energy Trust (KWH.UN-T) to “hold” from “buy” with a target of $7.50, down from $9 and under the consensus of $9.90.

[uograd]

interesting as i have not seen canaccord on the sell much today but certainly at least partially explains the brutal selloff and now the margin calls are being tripped on a minute by minute basis.

[retiredcf]

5iResearch were also asked about this price drop and as mentioned, see it as nothing more than a reaction to the Canaccord report. And as often happens in these markets, we have a classic overreaction. GLTA

[SIGG1]

as I said, best time to buy. 12% dividend + price of stock is likely to go up from here

[ronin1]

I was thinking like that at a higher price. Good loard I sold all yesterday. Lost 11K. I would be down 22K if I was still holding today.   Never add sothing going down. Probably management knew the downgraded was coming!