GREY:CRIUF - Post by User
Comment by
deisman03on Nov 20, 2018 8:47pm
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Post# 29002563
RE:RE:RE:goldman still selling
RE:RE:RE:goldman still selling Personally, I don't short. Mostly because I don't like that GOOD companies can be driven to closing their doors by unregulated/unscrupulous shorters.
I don't see a lot of that going on here. The shorts had a couple of perfect scenarios building up just over a year ago. SOLAR was a LOSER as soon as the energy regulators were taken to court over the unfair subsidies and business model it had. Warren Buffet was part of the reason that challenge went ahead. His company, Berkshire Hathaway is heavily invested in traditional energy producers in the same areas SOLAR and a couple of other similar companies were competing for energy dollars. The rural and sem rural customers could install panels and still be connected to the grid. The traditional power producers were legally bound to purchase any excess power produced by these solar panels. Recipe for disaster
Once the subsidies were removed, it became very quickly evident that SOLAR ENERGY is fine when you can't get on a maintained traditional grid. The big thing is, producing SOLAR ELECTRIC ENERGY is much more expensive than traditionally produced electrical energy, which is also highly taxed.
I can personally attest to this as I was seriously considering switching over to solar generation. Close to 50% more expensive when all expenses are taken into consideration.
SOLAR was a suckers play, the sellers knew what was coming but Crius took a "political" stance IMHO and it came back to haunt us.
Then there was that mysterious/questionable transfer of US$1,000,000 off shore, under the guise of investing in Europe. Try finding out where that money went.
Lots of things came into play at the wrong time and I fully understand why the shorters came after KWH.UN. In doing so, they exposed the management for their poor guidance and maybe illegal transfer of funds that likely should have gone towards paying down debt.
It was such a mixed up situation that one of the major investors got in on the game and forced them to take on an extra director onto their BOD.
Some of management left and the new director came on board to watch over present management and the BOD to keep them within the lines and maybe establish better ethics.
We weren't privy to most of that information until it was to late. Looking back, the disclosure was there but buried deep and difficult to perceive.
The one good thing about shorters, they weed out the rot and take advantage of it.
I can't follow the shorting on stockchase any more so I don't know how many of these units being sold now are through shorting. It looks more like a few big players at work selling AND BUYING.
If anyone has more information please post it.
Most of the selling info I have show the lions share of the dump was done anonamosly. Not sure why whoever is behind this recent rout is not willing to fess up???
GLTA the good folks here