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Bullboard - Stock Discussion Forum Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District... see more

GREY:CRIUF - Post Discussion

Crius Energy Trust Tr Unit > bought a few this morning at 8.84
View:
Post by uograd on Feb 26, 2018 10:08am

bought a few this morning at 8.84

You get two distributions in 29 days with current rate of about 9.25% so I will take that all day long.

Will be a runup before earnings in another week or so and then who knows when the earnings come out.

buyback will protect share price.

All these thing works for me.
Comment by deisman03 on Feb 26, 2018 2:19pm
"Buyback will protect share price????"  What is your justification for that??? Right now it's obvious that the share buy back is shaking out a lot of weak/cautious knees.  Share buy backs are ALWAYS suspicious. Yes, the management says things in their news releases but are they telling it straight. What is prompting this buy back????  For a company to ...more  
Comment by uograd on Feb 26, 2018 2:40pm
When a buyback is in place you limit your downside, not sure how you think it also limits the upside but to each their own so a selloff through 8.40 or so is unlikely because of this protection. I am a trader. Have traded kwh.un well over 100 times, maybe 150, over the years and have made money on every trade.  Sometimes it take a few days some times it takes a few months which is why you ...more  
Comment by deisman03 on Feb 26, 2018 3:19pm
The company reported it would purchase the units at ATTRACTIVE entry levels. To me this means around where we are now or maybe lower. Large purchases in a certain range, will keep unit prices lower. Of course this is just IMHO but it is also based on previous experience.  GLTA the good folks here. 
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