Just Energy Group Inc (fka JENGQ)

[macdwatcher1]

Good thing you didn’t buy at .28 because u have a chance now to buy it at .0020 now. I would like you to elaborate on how much the float increasesed today. The amount of shares traded today exceeded the entire float in my opinion. I don’t think the company is forth coming with the true accurate share structure. Just look at fridays selloff coumpounded almond with today selloff. It makes the R.S.I. At about 22. But there s I number is irrelevant is dilution is the name of the game with JE. So if more dilution takes place tommorow the stock price for je will be in the Danvers 4.50 range tommorow. The sell off Friday and today was Donne in huge volume. And this is a type of company that doesn’t understand the poisons of dilution. It wouldn’t surprise me to see another 1,for 33 reverse stock split by years end. Cause there is nothing the company can do to stop it with the companies screwed up share structure. This is easy money for short sellers of JE. For example if the share price is $3.33 next week that means the share price would of be 10 cents per share if they didn’t do the 1 for 33 share reverse split. So thank your lucky stars u didn’t you didn’t buy this at 28 cents like you almost did this morning and finally I don’t even know if JE has a bottom price. It’s just as possible to do another 1 dor 33 reverse split by years end. The short sellers are making easy money on this play