GREY:CRIUF - Post by User
Comment by
deisman03on May 15, 2018 12:47pm
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Post# 28033372
RE:brutal but not as brutal as I was expecting
RE:brutal but not as brutal as I was expecting uograd wrote: distribution is fine so they have some time to sort out the bad weather issues
payout ratio not terrible.
They would be dancing in the streets if they got 1 dollar for solar.
Litigation finally behind them and money set aside.
For a 7.40 stock, not bad for a 10,00 stock brutal.
If it drops below 7.00 would be a buying opportunity
IMHO, now is a good buying opportunity. Snooze you lose.
This is why I caution against playing the swings right now. The action will be fast and brutal if you can't watch it.
Day traders will be at it tooth and nail
Many accounts won't allow you to trade in and out of a stock to often without charging day trading rates. This happens in most TFSAs.
Be careful, do your own due diligence. That report was a bit murky to me in some vital areas. Solar being the biggest. Do your due diligence and read between the lines. They aren't being 100% forthcoming IMHO. But that's par for most companies.
GLTA the good folks here