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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 steam73on Dec 14, 2012 3:30pm
211 Views
Post# 20732554

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: JE now dri

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: JE now dri

 

Actually looking at the charts it is not surprising we are seeing the $9 level after the ex-dividend date.  Take out the spike of recent days and the chart is showing a consistent recovery. 

I have noticed that this stock always seems to rise as the ex-dividend date approaches, then swoons after the ex-dividend date.  That tells me that the day traders and shorts are getting involved and creating some noise on the day to day trading.

Stock should be pretty flat until the end of December now.  The dividend announcement in January and the quarterly report for Q4 will be the main catalysts in the New Year.  I expect the stock price to be in the $9.50 to $9.70 range should nothing unexpected happen between now and then.

 

Steam

 

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