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Monday, November 13, 2017

Saying goodbye for real to Just Energy Group Inc. (JE)

It wasn't a fun move, but as soon as the clock hit 9:30 am this morning, I sold out all of my Just Energy Group Inc. (JE) shares at $5.90. Following my morning sell, Just Energy continues to decrease in value and close today session at $5.83. So I believe that selling my JE shares was the right thing to do. I wouldn't be surprised that JE continues it road all the way down again tomorrow.

My non-registered portfolio closed today session at $182 921.87, my TFSA at $62 106.93 and my RRSP (stocks only) at $37 304.33. Following the sell of Just Energy Group Inc. (JE), I injected the money into my margin account, to decrease its usage. It feels better to see it now under the 100k mark. My margin account is now at $98 093.08 and good news, I estimate my net worth to be at around $212 500. Despite the sell of Just Energy, I am doing fine. I sell my shares at a good time. If I would have wait more, it could had negatives effect on my net worth. And I won't ever let that happen. I will be dead before giving up.

Let say it was a short one sexy rabbit. Sometimes, running away as quickly possible is the only option. I never taught that I would ever sell JE of my life. But yeah, the time has come to move on and it's not something I have a problem to do. Goodbye Just Energy love and sweet kisses. I rely on my other great stocks to push my net worth ahead. Business is looking great for Jamieson Wellness Inc. (JWEL), who could benefit from the flu season. Let's go people, times to buy some Jamieson vitamin C to boost you up.

I am happy to see my margin going under the $100 000, BUT - I am still thirsty for new stocks and just at a time where I am at my very best, it's not now that I am going to stop searching. I am having the time of my life on Stockopedia, going through all of the screens over and over again. So many great stocks. And right now, one stock that was too obvious maybe is coming strong. Why not invest in Rogers Communications Inc. (RCI.B)? It was the perfect chart like I love them and a nice almost 3% dividend yield.

Other stocks appear to be interesting:

Cargojet Inc. (CJT)
Richelieu Hardware (RCH)
MedReleaf (LEAF)
Calian (CGY)
InterRent Real Estate Investment T (IIP.UN)
Martinrea International Inc (MRE)
Agellan Commercial Real Investme (ACR.UN)
Quebecor Inc. (QBR.B)


Anonymous said...

A good time to sell would have been when it was trading over 8$. You should take some profit on Premium Brands before it goes down

Anonymous said...

Do you realize Premium Brand represents more than 15% of your portfolio. No stock should ever be that high.

Sunny said...

I bought my PBH shares at an average price of less than $19 per share many years ago. This current down is a little correction following financial results, I don't worry for now.


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