Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Comment by deisman03on Aug 12, 2018 5:58pm
114 Views
Post# 28447144

RE:RE:RE:RE:RE:RE:RE:RE:encouraging signal ????

RE:RE:RE:RE:RE:RE:RE:RE:encouraging signal ????
They didn't start their selling until their positions value was larger than they allowed in their business model guidelines.

Shortly after the fickle finger spike to $11+ the quarterly reports started mentioning the new model Crius was attempting and they admitted the failing SOLAR endeavor. 

Solar really isn't that big an issue but it was a constant loser before they bought it and that made managment look bad. 

That's when the shorts smelled blood in the water. The legal issues and later obligations didn't help by producing a perceived short term fiscal imbalance. 

Along came the ANALysts at Seeking Alph who realeased a very negative report on Crius. 

Lots of other little things but the SA article was the straw that broke the Camel's back and led to an investor revolt that led to the CEO resigning and a JCP/investor rep being placed on the BOD. 

Then of course there was the very suspicious million dollar "investment" that was sent offshore. 

Still, they seem to have overcome the issues and may just weather this short storm. 

GLTA the good folks here. 
<< Previous
Bullboard Posts
Next >>