GREY:CRIUF - Post by User
Comment by
uogradon Feb 26, 2018 2:40pm
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Post# 27622803
RE:RE:bought a few this morning at 8.84
RE:RE:bought a few this morning at 8.84When a buyback is in place you limit your downside, not sure how you think it also limits the upside but to each their own so a selloff through 8.40 or so is unlikely because of this protection.
I am a trader. Have traded kwh.un well over 100 times, maybe 150, over the years and have made money on every trade. Sometimes it take a few days some times it takes a few months which is why you have the benefit of a 9% or so distribution while it rights the ship.
Have never believed this is or was a $12 stock but if earning are good on March 8 will probably track back closer to 10, if not I will wait for a day when buyers show up when the overall market is tough and this 9% distribution looks like a good place to hide and sell them my shares,
Been a foolproof strategy for years on this one so stock owes me less than nothing but I expect to make another nice return in due course on my 8..84 purchase today.