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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 20, 2018 10:36am
107 Views
Post# 28999504

RE:RE:RE:RE:RE:uograd is losing money on his new shares

RE:RE:RE:RE:RE:uograd is losing money on his new shares
This is just IMHO, but when they finally decided to get rid of Solar, they also shed assets without getting a positive return. They will likely be able to take a tax deduction from it, if they haven't already. 

I'm not sure how much this effects their value but right now, even though getting rid of that money bleeding, festering sore is a good thing, they've been using it as a positive value in their bottom line. This changes the parameters on the algorithm used to determine overall value in the trust. 

There isn't really any other reason for the sudden drop that I can see and testing the lows during the last short attack. Tax loss selling may also be part of it but I doubt this much. 

Goldman Sachs sold into this sell off, not sure why other than they may be shedding assets to raise cash for their own bottom line??? Strange that they would drive down the value of their asset by dumping it to fast, to cheap. 

KWH.un still looks good to me. I did expect a bit of a pull back and likely should have dumped a bunch for a quick profit around $7. I didn't and was caught off guard. 

GLTA the good folks here
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