GREY:CRIUF - Post by User
Comment by
deisman03on Jan 25, 2019 8:29pm
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Post# 29283982
RE:RE:Resistance Point
RE:RE:Resistance Point Very understandable.
I have a lot of units in this trust as well.
I don't like how management screwed up with Solar and a few other issues IMHO but, I believe this is turning around.
It isn't unusual for these trusts in this particular business of brokering energy, to be volatile.
The volatility provides some great opportunities to make several times more than the distributions by playing the swings. The ride down, had a few profitable moments for me that I played. I should have seen the increasing short following. My bad, I missed it.
The shorts drove the price of these units down to far below their intrinsic value IMHO
I picked up 5k units within a few cents of bottom. They were purchased purely on speculation. I am and will continue to play the swings on those units, until I decide to get out of them.
The volatility we see now, has up until recently, mostly in a downward manner. This makes playing the swings very difficult.
With all of the misinformation out there, FROM BOTH SIDES, I fully understand why you bailed when a small profit appeared.
GLTA the good folks here