OTCPK:JENGQ - Post by User
Comment by
GaillardDeshaieon Aug 24, 2021 8:20am
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Post# 33753721
RE:RE:JE stock performance
RE:RE:JE stock performance Tommy123 wrote: I'm not so sure they'll be able to operate for much longer...
Mukulu20 wrote: Market is up. But this stock is not responding. When will we see turn around of this company? By now they should have put things in order. Can anyone shed light? I am way under with this stock.
Before the Texas weather event, JE with the Upper Management under Mr. Gahn, they were going in the right direction. Weather event unfortunetaly cost around $400m and created a wind of panic on this company. However the results of 2021 Q1 were not too bad and the company was able to generate $270m in profit and they are expecting to recover around $100m from ERCOT. I'm the same as way, I'm way under with this stock but we will see by the end of September if the company can keep going in business. Actually, it is a real speculative stock. DYOD and GLTA. Gaillard.