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Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified
"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Crius Energy Trust Tr Unit > The Sell off
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Comment by Sukhi19on Aug 16, 2017 1:51am
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Post# 26586196

RE:RE:RE:RE:RE:The Sell off

RE:RE:RE:RE:RE:The Sell offIn situations like these one is reminded of Warren Buffet.
Mostly it was fear as some people thought that legal matters may get out of hand.
Quick pull back from $9.50 to $7.90 also smacks of manipulation; as it has been discussed before that low volume is susceptible to easy manipulation even by small players.
Every morning some units were being bought by bidding higher than selling.
$8.45 and $9.80 institutional participation must have been based on some reasoning.
With low debt and available cash, they ca not go broke.
May be somebody wants to buy them out at a cheap price.
Who knows!
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