InvestorsHub Logo

kel3

06/02/14 12:02 AM

#25601 RE: Rule_62 #25600

Waterloo85

06/02/14 12:25 PM

#25606 RE: Rule_62 #25600

Kel,

In each of their 10Q they give warning to the risks faced by Kinergy and do indeed give some indications that Kinergy suffers losses in a lower trending market. Market action in March will likely have wiped any Kinergy profitability for the rest of the quarter. Previous periods with similar volatility show a loss for the operation on the order of $0.5-1M. The swings were much higher than they would have possible hedged for...