GREY:CRIUF - Post by User
Comment by
deisman03on Nov 20, 2018 10:36am
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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