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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

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Post by Sukhi19 on Mar 23, 2018 7:32pm

WAITING GAME

It may take another two weeks or so for the NCIB procedural process to be completed.
Till then unit price will stay under pressure. With a particular seller/sellers from #80 selling constantly and always at a lower price, it would be difficult for unit price to rise. It makes an effort but again it is pushed down. National Bank participated only at $9.80. Selling at these prices does not make sense (unless it is a short seller). There are buyers as spike to $7.48 at 03:47 PM indicated but sellers were quick to off load to again pull the unit price down.
Loomimg trade war is playing havoc with markets.
KWH.UN will also get affected if the whole market is getting smacked.
Comment by yggdrasilll on Mar 24, 2018 11:26am
The NCIB will certainly help, but I doubt it'll make the shorts go away entirely. They will be able to point to Crius's dwindling customer base all year, as the company has indicated they will lose some of their lower margin customers. As there is no way of proving they are losing lower margin customers, the shorts will always have something to attack shareholder confidence. Add in a ...more  
Comment by robnhood on Mar 24, 2018 7:40pm
<< Selling at these prices does not make sense (unless it is a short seller).>>  Why? Are short sellers evil doers? or do they hope to make dough?  
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