GREY:CRIUF - Post by User
Comment by
deisman03on Feb 01, 2018 9:13pm
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Post# 27485657
RE:The art of Hedging
RE:The art of Hedging Well, the US Weather Bureau was right as far as Western and Central North America go.
I can see where you're coming from with the East side.
I don't think earnings are a problem. The lawsuit settlment might be a quick blip at most.
NG, Heating Oil and even electrical reserves weren't drawn down in any significant manner and there weren't any unforseen spikes in prices.
There was very little information in how they planned to proceed with the unit buybacks. They especially didn't give much information on HOW they were going to fund the buy backs. Just enough to let us know they intend to do so.
They aren't over extended cash wise, YET.
So far they've done very well other than that darn Solar anchor.
As far as customer base goes. Fluctuations are normal for all of the distributors. Fortis unit price dropped significantly as well.
If it goes sideways from here, instead of the usual pop???????????????
Just don't fall in love with this trust. Watch it and do as much due diligence as possible.
It's what they DON'T tell us that worries me. Then again maybe I'm being paranoid.