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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 deisman03on Nov 15, 2018 1:12pm
132 Views
Post# 28981069

RE:RE:RE:RE:RE:RE:Listened to the Conference call..

RE:RE:RE:RE:RE:RE:Listened to the Conference call..
Drip is fine if you're not looking for immediate income. I now have close to 70K units and I just take the cash every month and spend it. Of course, I try to keep some reserves for instances like this. 

I'm under water again on my overall costs of purchase but I've been collecting steady distribution since the mid $4 range on most of my units. 

The price goes up and it goes down. I was going to sell at $7 but didn't see many weak knees and the shorts were small. I didn't expect such a violent reaction to a quarterly report that was IMHO pretty good considering its content. 

There have been a lot of internal changes in management. I don't believe the present management is basing decisions on political interests as can be seen with the demise of their Solar business. 

DRIP is a great way to pick up discounted units for those with a long term plan and it gives the owner the advantage of compounding their investment monthly. 

There was a time when this sort of trust company was in vogue when I applied for every DRIP that was available. It was a good decision. 

Now, with the volatility playing the swings, when they become more predictable, is more profitable, if you have the time to watch closely. 

GLTA the good folks here. 
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