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Just Energy Group Inc. (Canada) JENGQ

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.


OTCPK:JENGQ - Post by User

Comment by Franchuttoon Dec 19, 2017 2:53pm
209 Views
Post# 27189397

RE:RE:RE:Cross-trade

RE:RE:RE:Cross-tradeYes I agree, good sport, I pulled a few ugly ones along the way too.

Just wanted to share with you my thoughts on this trade, looking at the year chart many have bought at roughly $7.00 throughout the year so there is still pressure on the stock with those until, next Wednesday for tax loss sales if i’m not mistaking. Looking at the short graph, a lot have been shorted through November at prices between $5.50 and $7.00, so let’s say average $6.25, so after next week deadline, and with a lack of new shorts, if the stock price is around $6.00,we might just see this stock grind higher from shorts taking cover. The delisting story is already baked in the cake since beginning of December,my thoughts, glta, cheers.
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