GREY:CRIUF - Post by User
Comment by
deisman03on Sep 20, 2016 4:04pm
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Post# 25257770
RE:RE:RE:RE:RE:$8.30 ceiling
RE:RE:RE:RE:RE:$8.30 ceiling
$8.30 is more of a median price since june 15/15. We keep returning to this level since then. Once in a while we pop below it but only for a short time and usually low volumes of trade. Today for instance. Some of the units that were being held back from sale after the LLC take over either are or will be coming onto the market. Some people are expecting a big dip in price. Maybe, maybe not. Some of this may be due to the US elections and some may be due to a stagnant North American economy. One of the brokers I was chatting with last weekend told me his recent activities have mostly been sell orders in all of the holdings of may of his clients. He attributes this to the huge lay offs in the oil industry across Canada. He did mention that August and September can be slack market months as well. Looking at the KWH chart there really aren't any severe anomalies that can't be explained since June 2015. There was more but mostly just bafflegab. LLC may or may not have been a good acquisition. Time will tell all. Good luck to all of us.