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Just Energy Group Inc. (Canada) JENGQ

Utilities Utilities - Diversified
Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.


OTCPK:JENGQ - Post by User

Just Energy Group Inc. (Canada) > 30% drop
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Comment by Capharnaumon Feb 22, 2021 5:51pm
156 Views
Post# 32632569

RE:RE:RE:RE:RE:30% drop

RE:RE:RE:RE:RE:30% drop
pointer wrote:
GaillardDeshaie wrote: Hi Pointer, thanks for your advise.  You may have more information that I have.  If JE was at risk with a Weather Event like this, I'm very nervous about their management skill.  I don't know how many customers they have in Texas and how many has been under contract with fix rate but if so, nobody did the evaluation of risk.  We will have a better idea Friday.  GLTA.
 


I was invested in this stock years ago when it was fairly new, made a couple of bucks, got disgusted with their whole business and gladly moved on. If these idiots cancelled disaster insurance to save a few bucks, that should tell you all you need to know.


If they had insurance, they would have been required to mention it in their latest news release. It looks like they're hoping for some kind of government relief to cover the costs, else they could default.
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