OTCPK:JENGQ - Post by User
Post by
SlickRick40on Dec 14, 2017 7:28pm
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Post# 27160658
MR EQ finds his way...
MR EQ finds his way...
Quite frankly I don't know where this one is going, EQ. Over 10yrs ago I worked for an investment firm who was promoting it and after meeting management and listening to their description of the business model, I felt that the business was speculative and I didn't believe it had long-term viability. The negative news and problems with regulators rolled out quarterly and my thesis was proven correct. The firm shunned me for going against their wishes but in the end, I protected clients from this capital errosion machine. I saw a cow being milked by management and questionable backstories from the founder.
I don't see this going to $0 but I also don't see a smooth road ahead. Like I've said before, there are safer ways to gather your yield and growth: BEP, FTS, INE, NPI, CU, H and more.
The big money will be made in the energy sector over the next 3 years. Utilities are set for snoozing. Still want to own them.