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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 > recap of why the price is here...
View:
Post by SirHumpsAlot on May 30, 2018 2:13pm

recap of why the price is here...

1) Shorter put out a report trashing KWH.UN with false and misleading statements.
 - share price plunged
 - shareholders angry
2) Shortly after the first incident some dissident shareholders started a proxy war... Hmmm, I wonder who was beihind number one?
3) Dissident group settles for board positions with KWH management
 - share price is stable and analysts have reiterated calls for $10 plus on this stock... back to where it was prior to #1

So, for those claiming that this is just a high risk play for a high distribution, I diasgree. This stock has room for growth. It can easily support the $9 to $10 ranged that it was trading earlier. However, the technicals have turned down. We might see a pull back to $7.50 befor we take another run over $8.
Comment by deisman03 on May 30, 2018 4:41pm
Pretty decent summary and I agree with your assessment. Now is a great time to purchase if you have available cash.  At close of trade moment today BMO did and internal trade of 56,200 units. That's substantial.  It was likely done then so the original owner would receive the distribution.  Still, was it an insider???? Was it an estate settlement???? We'll see when ...more  
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