GREY:CRIUF - Post by User
Comment by
Sukhi19on Mar 05, 2018 9:44pm
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Post# 27665158
RE:JE
RE:JEJE had dipped to $4.84 two days before their results.
It has recovered 26.6% from that day.
Assuming that KWH.UN performs on similar lines, it should gain about $2.12 in unit price from today's price. Even if it performs half as well it should be $1.06 gain from today's price.
Volume has dropped a lot since Feb 28.
In view of the KWH.UN rebuttals and expectation of good results, panic selling may not happen again and shorts(if still around) will have difficulty in finding sellers except for a few people who want to sell for safety reasons before Q4 results.
Uintholders who bought below today's price may not be many and those who bought for $8.43 and $9.80 who like to buy before March 08.
It may trade around $8 for next three days.
Conference call should be interesting. Revenues will surely be up. Customer attritions/gains, Pay out ratio and profit margins will be the key issues to watch.
Damage by SA article has ebbed a bit as it pulle back to $8.33 from $7.01. Volume was over five hundred thousands on March 08 and unit price regained lost ground by 3.54% on March 01. Some of the shorts have covered for sure. Unit price also recovered on March 02. Loss in unit price today was on low volume which may not be a good sign for shorts.