Seeking Alpha
  • Mercy Jimenez
    Just Energy JE just had a mini flash crash on no news; more than 2 times ave. volume already; now recovering a bit. Long.
    11/14/12
    Reply (13)
    • declanfromtrinidad: dividend to be cut?
      11/14/12
    • Mercy Jimenez: Certainly not that I have heard and their earnings release last week reaffirmed dividend; appears large fund did a lot of dumping this am.
      11/14/12
    • declanfromtrinidad: oh. are you still long on AT?
      11/14/12
    • Mercy Jimenez: Yes absolutely, Long AT, but my very low cost basis was built over the past 3 years.
      11/14/12
    • declanfromtrinidad: i thought so. i know AT is one of your favorites. (i repurchased AT on friday, and crescent point today).
      11/14/12
    • declanfromtrinidad: ..also bought canadian oil sands. building back my dividend paying canadian oil/gas stocks.
      11/14/12
    • Mercy Jimenez: Yes everything is on sale declan -- good time to scale into beaten down dividend players; entry price is all important for me.
      11/14/12
    • Gratian: I agree, but would scale in very, very slowly, because i believe this downward trend of the market has a way to go.
      11/14/12
    • Mercy Jimenez: Very much agree Gratian.
      11/14/12
    • declanfromtrinidad: good advice mrs mj / gratian. i have a history of picking good stocks, but crappy timing when to buy/sell...sigh.
      11/14/12
    • Gratian: Elections have consequences, those with money are in a capital preservation mindset, until that mindset changes the trend will be down.
      11/14/12
    • Mercy Jimenez: declan note that I just picked up a Google alert with analyst downgrade on JE: http://bit.ly/T1UGJd
      11/14/12
    • declanfromtrinidad: thanks. it sure fell a lot for a downgrade. i will monitor, but definitely not buying.
      11/14/12