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Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Comment by deisman03on Mar 14, 2018 8:49pm
84 Views
Post# 27717309

RE:RE:RE:RE:RE:RE:RE:RE:Uncharted territory

RE:RE:RE:RE:RE:RE:RE:RE:Uncharted territory
MP, very well put and it's also the main reason why I didn't sell when it was last in the 9.30 range. 

Management has made some very poor decisions on their aquisitions. They've also had some poor judgement, two years in a row on hedging their wholesale energy prices. Maybe and a slim Maybe they miscalculated because of the acquisitions???? Time will tell. 

IF they can maintain the distribution at these levels the unit price WILL RISE, maybe up to $10. They spoke of "headwinds" in their report. That is a bit ominous as well. 

This trust was a good buy at this price before and IMHO it's no brainer where it's at. 

The only fly in the ointment is now whether once trusted management is "realy trustworthy?"

I will of course be playing the swings as always. Should have been playing them on the way down but in all honesty I had no idea when to jump in and out. 24 hour swings with no pattern are not easily traded. 

I was talking with an investor that is more astute than I and he had gotten out back around 9.25, He went on to other things. He and a few others are watching this trust very closely at present. He says they will wait for the price per unit to go up substantially before buying back in. If the price stays where it's at????????????????? Something we aren't being told is very wrong. 

GLTA the good folks here. 
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