GREY:CRIUF - Post by User
Comment by
deisman03on Mar 14, 2018 8:49pm
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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.