GREY:CRIUF - Post by User
Comment by
deisman03on Sep 21, 2017 12:36am
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Post# 26723905
RE:RE:more volume than usual today
RE:RE:more volume than usual today Sukhi, I value your opinion. I find just the opposite to be true and that the unit price increases as the ex distribution day approaches. It usually drops the day after record day and again after the distribution is paid out.
As for the units bough at $7.90, go back and have a look. Not that many units traded at the low. Most traded in the mid $8,50 range which is still a pretty decent profit when the distributions are factored in.
Something is holding the price of this trust's units down. Maybe there just aren't enough available for sale to make meaningful moves to the upside??? Likely something very simple.
Solar hasn't proven to be a good investment but it makes up such a small portion of this business that it's not the reason for this. Maybe just a bit of trader apathy after the drastic plunge from $11+ is the reason??? Whatever, the swings aren't very volatile or pronounced since the plunge.