GREY:CRIUF - Post by User
Comment by
deisman03on Nov 15, 2017 2:22pm
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Post# 26970191
RE:RBC 2
RE:RBC 2 Just to let you folks know. I put in a sell for a substantial block of units at C$9.20 about 15 minutes before the close yesterday. It was an all or nothing mandated trade. 15k units. No takers.
I would have thought this block wouldn't have been big enough to be an issue. What did I miss??
The news is all over the place. KWH.UN IS PROFITABLE overall. IT just ISN'T as profitable as they promised it to be. Some ANALysts use this to drop unit prices to where they find them attractive. It actually looked like a concerted effort but it would be hard to prove. Then again it may just have been the HERD mentality of uninformed brokers. Whatever this could have easily been a dead cat bounce and still (hopefully not) may be playing out.
The timing isn't good for a bounce either, that's why I put in the sell. The day before the distribution pay out???? It would have been a good time for a flip and repurchase at a lower price.