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Just Energy Group Inc. (Canada) 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 truestaron Jun 17, 2014 8:02am
435 Views
Post# 22665709

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Joyce bought more today.......

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Joyce bought more today.......Slick works for a shorter - he jumped in when the shorting started.  Shorting is big business with very smart and ruthless people behind them.  The problem is that there aren't a lot of sellers now except the shorts - people like you and I and many others have decided to hang in.  If it does go to 5, buy more as the divy will be 10 points.   Shorts live off of panic and fear, unless there are real fundamentals to dictate a fall, and in reality the 100%+ Divy were bad fundamentals - that is gone now and once the water heater deal closes the debt/euity/EBITDA ratio is also corrected, so there really isn't a lot more to short.  My instinct is that there is a go private movement as the company spins of a lot of cash and a private equity buyer could reduce the interest rate, and further take advantage of the cash flow
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities