Crius Energy Trust Tr Unit CRIUF

RE:RE:RE:RE:RE:RE:Turn Around Story.....

[Sukhi19]

In hindsight, I find that short article did have some valid points which were proved by subsequent unfolding of events.
This type of business has certain limitations which have to be accepted. JE has more than demonstrated the difficulties over last10 years.  I do not think Crius will again reach old highs. There were and are other opportunities to be taken advantage of. I have reduced my holdings as future seems to be uncertain. It may be better to see the results of next couple of quarters.
After Q1 results CEO had stated that they would like to start NCIB ASAP but nothing of the sort has happened so far. My faith in the management has eroded despite the fact that they bought recently. I won't give much credence to such insider purchases.

As other stocks have moved lower, I considered it to be a good time to diversify. It is hard to ignore Scotia going below $76. ALA.R is aso presenting a good entry point. EMA, BEP.UN, CU, TRP, ENB, RNW, CPX, CHE.UN  are other examples. 

I am still overweight and am uncomfortable with the same.
May reduce further especially in RRSP accounts.

They are realigning their operations on right lines but it may be a better idea to wait for the end result.
Good luck to all.