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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 bluejay100on Aug 13, 2018 8:06pm
155 Views
Post# 28453732

RE:Please explain

RE:Please explainHaven't yet looked at the release in detail yet, but:

1.  Revenue is not the same as profitability.  If gross margin has held up then the reason will likely be expenses (both recurring and one-off).  Quite possibly, it has been quite expensive to get these new customers in the door (and quite often probably offset by losing customers also!).  

2. I guess that's how the stock market works!  Not unusual to be spikes like that in either direction as the market tries to feel out what overall sentiment is after a release that is long-awaited, like this one.  Such peaks and troughs can be heightened in a thin trading market, and often the highest price of the day is a fleeting one that virtually no one could have actually traded at.  In all probabilty, once the early trading settled down and people digested things, the price settled into a more stable pattern. (And of course, it wasn't a great day on the markets either).  The market seems to have concluded there are still enough question marks to prevent the stock really taking off and squeezing the shorts.  I don't see any reason why shorters would be the main driver of the price fluctuations.  As a shareholder myself - it could have been better but it could have been a lot worse!  We live to fight another day.




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