GREY:CRIUF - Post by User
Comment by
deisman03on Mar 04, 2016 11:23am
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Post# 24622274
RE:KWH.UN
RE:KWH.UN S19, Did you notice how low the volume was at 8.83??? A few thousand units at most.
As for oil stocks I see you have recouped some or all of your investment. Good for you. That was a very risky bet but CPG cut off its dividend and as such the share price is coming up faster than it would have with it still in place.
I hope I'm wrong but I don't believe this rise in oil stocks is warranted. We still have a huge glut in North America that is still growing even though production has fallen. Until I see the service companies quit laying off employees and closing regional offices, then start rehiring, I will remain skeptical.
I may be completely wrong about KWH.UN, in fact I really hope I am and all is above board.
With markets acting the way they are though I just find it difficult to understand why the steady dump of KWH.un units at what I consider to be a significantly reduced price. I could see it before the end of the tax year with rebalancing, tax loss selling etc. None of those apply.