Just Energy Group Inc. (Canada) T.JE

My Take

[amugsgame]

A lot of the buying yesterday was done by the Robinhooders who's level of DD is asking "What's happening" - just look at the JE board on Stocktwits and you'll quickly get the idea. When they realize the SP isn't down 95% and there won't be a dead cat bounce they'll dump the shares and go on to the next shinny gamble .I'd expect JE to float back to the $0.28 level and then slide even more when the RS takes effect as is the case with most RS moves. The move to over $9 CDN will also make it easier to short as many brokerages don't allow shorting under $1/$2 GLTA