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Bullboard - Stock Discussion Forum Just Energy Group Inc. (Canada) JENGQ

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 Discussion

Just Energy Group Inc. (Canada) > JE OTC March 23rd
View:
Post by GaillardDeshaie on Mar 24, 2021 8:40am

JE OTC March 23rd

Well...it look like over 2 millions shares transaction OTC yesterday.  I'm wondering who and WHY someone are doing transaction on JE.  Pretty big gap between High & Low of the day.

Hope for good news in a near future.  GLTA     Gaillard


Company: Just Energy Group Inc.
Ticker: OTC:JENGQ
Exchange: OTCPink
Last Trade: $0.97
Change: -0.77
% Change: -44.13%
Volume: 2,227,841
Day's High: $1.32
Day's Low: $0.87
Previous Close: $1.75
Comment by pointer on Mar 24, 2021 9:21am
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Comment by Tommy123 on Mar 24, 2021 11:49am
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Comment by BayStreetRoller on Mar 24, 2021 12:06pm
I don't ever see that short squeeze coming.  JE won't be getting back any of that $250 - $315 million that they owe.  Same goes for all other energy retailers in Texas.  That would be the just like changing the rules of the game while be played.  Energy retailers knew the supply/demand risks and what could happen if a weather event ever happened (heat waves, cold snaps, ...more  
Comment by Capharnaum on Mar 24, 2021 12:34pm
If charges aren't reversed, PIMCO pretty much bought it being the DIP.
Comment by GaillardDeshaie on Mar 24, 2021 1:37pm
Hi Tommy, I hope you are right and I'm sure lots of others shareholders hope as well.  However, without a reverse charge from ERCOT, I don,t think JE will be able to survive.  OR if the legal structure is well builded, only JE Texas will fall in bankruptcy.  For now, we are waiting for the decision of the Texas court.  My big disaspointment is the major failure came by ...more  
Comment by pointer on Mar 24, 2021 2:54pm
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Comment by Tommy123 on Mar 24, 2021 5:00pm
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Comment by 2020oilgamble on Mar 24, 2021 4:21pm
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