RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Resilient consumer A reaction like his means his investment is $1 so he lost 50 cents yesterday. Or, more likely he owns all of 0 shares.
SlickRick40 wrote: So you don't pay attention when your stock is negative 50% in one trading session?
Tommy123 wrote: I don't pay too much attention to day to day noise in the stock market. I did see it was down, so I presume it's people shorting the stock. They'll need to buy it back, so it's likely a good time to buy IMO. Winter is coming up, so consumers will be locking in their natural gas pricing, which should help earnings.
SlickRick40 wrote: Tommy your JE top pick was -50% yesterday falling from $0.30 to $0.15. What is your explanation for the one day decline of 50% and why is the stock -90% the trailing twelve months? You said this was a large holding in your portfolio so you must have some insight into why the stock price was cut in half yesterday.
Tommy123 wrote: Huh? JE stock was UP today! Lol.
SlickRick40 wrote: In the case of that which we cannot see, once again it is Tommy123 who has failed to recognize that her/she's largest holding Just Energy is teetering on bankruptcy. Have a look yourself. Stalking horse sale is underway. Shares go to ZERO.
Tommy123 wrote: But we often don't see bad news until earnings.
flamingogold wrote: "Material" events need to be reported, they cannot hold it back from shareholders.
stwatcher wrote: Debt level is high , costs are rising and I believe something of a material change has happened in the last month or so . We will find out on Nov 10 th but I believe it will not be a favourable outcome on results