RE:Analyst Day I agree. The analyst day is really a stupid non event. Who is going to jump up and book a light to so see these guys and get a doughnut? Nobody. ONly a local who has nothing better to do. It was a bogus news release as they saw the stock tumble yet again.
These guys I beleive, have been working a ponzi. The business doesnt exist. Anyone can start reselling energy. Anyone can buy customers. Whats happening now is they have run out of steam. The Ponzi has come, as it always does, to a stall.
After all is was only a month ago Fallquist was saying they were totally comfortable with the distribution and that everything would level out as next result same out. Well, that was all BS. What this company "says" cant be trusted. Frankly in my webroker none of the required info is there to "analyze" this company. Its all NA because this company doesnt report properly and likely shouldnt be listed on the TSX for that reason alone.
For all these reason the only way the stock can go up is a gift from lady luck. Might as well play slot machines with your $.
amugsgame wrote: Disclosure - I've been long on KWH but now on the short side (today at $4.72) My trading isn't based on pumping or bashing - just on my own interpretation of a stock's chart, sentiment and current situation and I have no hesitation in making money either way. I don't think that the Analyst Day will do any favours for KWH - from what I can see it may only lead to downgrades given that the payout ratio is killing them and the recent stop gap measure only staunches the bleeding for 6 months. Unless they pull a rabbit out of the hat on Monday with some revenue announcement I see the stock re-testing the $4.40 level and if that doesn't hold then $4.10 - Just my .02 .