GREY:CRIUF - Post by User
Post by
SirHumpsAloton May 30, 2018 2:13pm
162 Views
Post# 28100504
recap of why the price is here...
recap of why the price is here...1) Shorter put out a report trashing KWH.UN with false and misleading statements.
- share price plunged
- shareholders angry
2) Shortly after the first incident some dissident shareholders started a proxy war... Hmmm, I wonder who was beihind number one?
3) Dissident group settles for board positions with KWH management
- share price is stable and analysts have reiterated calls for $10 plus on this stock... back to where it was prior to #1
So, for those claiming that this is just a high risk play for a high distribution, I diasgree. This stock has room for growth. It can easily support the $9 to $10 ranged that it was trading earlier. However, the technicals have turned down. We might see a pull back to $7.50 befor we take another run over $8.