GREY:CRIUF - Post by User
Comment by
deisman03on Apr 05, 2018 10:33am
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Post# 27835513
RE:i am supporting jcp
RE:i am supporting jcp uograd wrote: I'm not here to save the spotted owl. I am here to make money and the reality is kwh.un has been overhyped and underperformed for years and years. Now i am a trader so i have made buckets of dough here but the reality is the long term performance of the company has sucked.
For years and years, analysts have put out rosy targets that they have rarely even come close to. Those targets are now coming down to realistic levels. the arrogance of the company on the last quarter cc means it is time for change.
Yesterday national bank put out an outperform rating and target of $10 bucks. That is fine and dandy but previousilly they were in the 12-13 range which the stock never came close to.
If jcp are willing to come in and kick some aff and take names later that works for me. I will be supporting their slate.
$3 million is chump change to Crius.
On April 03, it looks like one group or purchaser picked up over 400K. That ads up to over $3 million Canadian but it wouldn't take much to pick up another 130K units. So far the puchases are being used to OPENLY manipulate the price not to rise above $8.
Like you, I have made a lot of money trading the swings. I also agree that management has underperformed. The distribution is high because there is some risk attached to it.
NOW, we're getting some of that risk working against the price of the units.
Why the sudden consternation?????
GLTA the good folks here