RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:the sellingrobnhood wrote:
Like you say,,, They usually get flat at the end of the day. Net Net = nothing. Still more sellers than buyers.
The folks I know make a very decent living. We should all be so successful in our endeavors.
When an investor is playing relatively large amounts of units they may only make $200-$500 per day, which is more than many make at day jobs.
This is also balance season. Brokerages are encouraging thier clients to BALANCE their portfolios. WHY????? Depends on the portfolio and the motivations of their BROKER. Some of the trades they're encouraged to make make me shake my head and bring back nightmares from my early investing days close to 4 decades ago.
BE CAREFUL. If you can't handle volatility, wait for the next pop, cash out and buy in later.
Right now, this trusts charts remind me of the old Just Energy charts a very few years ago.
Very similar circumstances, rising distributions, great financial reports, litigation, over extending cash flows and WATERFALL drops in unit price.
There seems to be a big difference here in that there numbers add up when scrutinized by financiers trained to look for discrepencies.
Aslo, keep in mind this is a PENNY stock for the BIG PLAYERS. I am not by any means a big player. I do however play. At this level, I'm EVEN on what I bought back in at during the last big dip. I am however DOWN from my last purchase. Like many, I am particularly blessed with hindsight.
What is going on in the minds of individual retail investors at this time is a real can of worms.
I'm not buying more, because I don't have enough cash set aside to do so that would make much difference right now.
Also, there is a very good reason why KWH.un decided to list in Canada as their home base rather than in the US where they would be under much more stringent rules and scrutiny.
I am not saying this management isn't trustworthy but I will admit to being skeptical when they hired an ex Just Energy manager. I watch this play very closely and in HINDSIGHT I should have held out a bit longer to buy back in.
This thing could easily be back up in the high tens to low elevens by mid march/april. Then again it could be back down in the fours.
As Sukhi pointed out, Solar is very small. That socialist fool on BNN, who hosts Commodities keeps spouting dogma and rhetoric over his paying guests about needing more Solar and Diesel giving off SULPHUR fumes. Diesel hasn't used SULPHUR for over a decade. This is what we're up against in the media.
IMHO this trust has a good management group. It's careful, for the most part about spending money. One reason for distribution increases is to keep available cash low so that someone like Cannacord doesn't come in to purchase the company for its cash and dump before the retail investors even have a clue as to what is happening.