Just Energy Group Inc. (Canada) T.JE

Primary Symbol: JENGQ

Utilities Utilities - Diversified

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

OTCPK:JENGQ - Post by User

Just Energy Group Inc. (Canada)

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Comment by netgenxon Jun 02, 2014 1:23pm

264 Views

Post# 22621573

RE:RE:RE:A theory or two

badguess wrote: I think the shorts have management backed into a corner, if management / insiders insist on paying more then cashflow the line of credit will be pulled and they will have to cut the dividend. If they cut the dividend now the price will fall, either way the shorts win big and we longs get more pain.

It's not that straightforward. 1) Don't forget that the shorts must PAY the dividend while they are short the stock. 2) It's not a give that the price would drop if the cut the dividend; it often goes up in such cases. 3) Personally, I'd like to see them drop the yield to 9%, which would still be decent and would bring P/O ratio under 100%.

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