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Just Energy Group Inc. Message Board

jonny_letter 48 posts  |  Last Activity: Jun 26, 2015 4:16 PM Member since: Dec 29, 2010
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  • jonny_letter jonny_letter Jun 26, 2015 4:16 PM Flag

    It is, don't let the BS head fake fool anybody there at the end of the day. If they can take the credit upgrades and get longer term financing at todays lower rates in place will be very good indeed. They expect about $200M in operating cash flows going forward per year which is $1.63 per share. Apply a multiple of 3 to total cash flow if refinancing the remaining debts can be done in a way that principle payments only take up about 2/3 of the cash flow means free cash flow is maybe $.63 per share. The best ute stocks trade over 10 times FCF. While we are far from the best, I think the current crop of O&D's are in this game to win now. This could be headed back to $5 minimum under these circumstances.

  • Reply to

    Up more than 3% without good news?

    by kinnairdjay Jun 25, 2015 3:37 PM
    jonny_letter jonny_letter Jun 26, 2015 3:17 PM Flag

    I think you are talking about elevator not a carousel. Still pretty close to the ground floor imo. If you followed your own advice, why you keep posting this?

  • Reply to

    Up more than 3% without good news?

    by kinnairdjay Jun 25, 2015 3:37 PM
    jonny_letter jonny_letter Jun 25, 2015 4:00 PM Flag

    Thought I saw a new SEC form 3, director purchase? Could be wrong. Otherwise this sale is finally going to close? This is a much better cash flow machine if they can get those hi interest notes gone. Wish I'd picked up much more at those recent lows.

  • jonny_letter jonny_letter Jun 24, 2015 3:43 PM Flag

    Or a doctor would tell you take the aspirin with a little milk if they actually cared about the cost of this sht. Bet Pozen didn't study that however am I correct? People have no brains any more. Stomach acid is highly reduced by... you guessed it... milk. Costs about 20 cts a cup, doesn't cause bone density problem like PPI

  • Reply to

    Normal, healthy stock action...

    by captainken07 Jun 24, 2015 9:56 AM
    jonny_letter jonny_letter Jun 24, 2015 1:46 PM Flag

    Germany wants a weak Euro, they are the ones dragging it out so long and writing the script for this so called greek tragedy. Greece is probably Germany best friend and even a so called deal will just result in more future problems and more deals so get used to it. The additional debt relief to Greece is nothing compared to how the sales are performing with a weak Euro. Is all about selling lots of VW and Audi in China and having a great summer vacation spot lol

  • Reply to

    Normal, healthy stock action...

    by captainken07 Jun 24, 2015 9:56 AM
    jonny_letter jonny_letter Jun 24, 2015 1:05 PM Flag

    Is a rhetorical point of course but quite valid imo. You should probably discuss it more often because someday you may wake up to discover the issue ate your retirement fund. I mean a 60 min piece on the ridiculous nature of what I mentioned or an FTC legal challenge pretty much sinks your boat here. We are talking like a 25% hit overnight. Doubt the liquidity pump can save you when HFT trade bots pick up that kind of news. Good luck

  • Reply to

    Normal, healthy stock action...

    by captainken07 Jun 24, 2015 9:56 AM
    jonny_letter jonny_letter Jun 24, 2015 12:38 PM Flag

    That was even more true 2 days ago lol. I close my short position now so they can start the liquidity pump back again for you guys but the candlestick may have more melting to go I'm afraid. Was a nice hedge that unfortunately becomes all ordinary income in the nature of hedges. Sorry but I still don't think some very fundamental risk is reflected in the price here and will keep an eye on you guys. I won't stick around, beat my chest and gloat (vette, ginger...?)

  • jonny_letter jonny_letter Jun 23, 2015 7:30 PM Flag

    Where is the mine? Can we look it up on google earth to see if its still there? What would everyone do if we could see it is open and operating in a big way and the real fraud was they made it just disappear on paper. Would make a good book!

  • Reply to

    Where is Walbert?

    by geringerart Jun 23, 2015 4:17 PM
    jonny_letter jonny_letter Jun 23, 2015 6:42 PM Flag

    Leaps out to 2017? You have strong crystal ball I guess and my magic 8 ball just gave you the thumbs up too so I'm sure there is almost no chance FTC would crack down on this antitrust violating industry before then. After all they bought the rights to those orphan drugs so what could ever go wrong lol

  • jonny_letter jonny_letter Jun 22, 2015 8:29 PM Flag

    That is just a delicious response LOL!. So we shall put you in the "ok to jack up drug price to insane level as long as I make money category "? You are true American but follow up with the ESL class please.

  • jonny_letter jonny_letter Jun 22, 2015 7:40 PM Flag

    Nope its just me and I'm just starting a short, its not some evil Cabal here more like Jerry the mouse with the flashlight to make me look very big lol. Those other shorts are losers and jumped on this way too soon. Wow you guys sure are sensitive... did I strike a nerve? Ad hominem is kind of self defeating method of argument and you have a funny name too. Just sayin

  • jonny_letter jonny_letter Jun 22, 2015 7:34 PM Flag

    Is a good letter no? But much easier to distribute via email. Did you realize you can reach over 500 congress people at once thru distribution lists? But perhaps needs a wider audience so perhaps should go to the opinion section of the Times or the Post lol

  • jonny_letter jonny_letter Jun 22, 2015 7:24 PM Flag

    No I just opened it, I've been trying to get contrary reasons here not but you are not very convincing with that "is ok since everybody is doing it" line. You don't think ultimately that is the biggest reason Congress puts an end to this? Its becoming a hot button, a political issue. Sometimes you just have to go with instinct on these things.

  • jonny_letter jonny_letter Jun 22, 2015 2:59 PM Flag

    So tell us which drug that Horizon sells currently did they actually go thru development, FDA trials and approval for? They are doing exactly what I said, just buying up stuff and jacking up the price. Using a law designed to foster these drugs in an unintended way to protect their little nitch and raise the price to some insane level.

  • Dear Congressperson____,
    Regarding the expansion of medical prescription availability under ACA, I am appalled to learn that there are wall street backed companies gaming our health care system using regulatory loopholes which need to be closed. I am referring to companies raising huge sums of money and purchasing the rights to orphan or specialty drugs which by their very nature only benefit a very few individual patients.

    The purchasing companies can essentially raise the prices for these drugs over 1000% in many cases because they are protected by the orphan prescription drug laws and have no commercial competition. Insurers have no alternative other than to pay the huge premium price which often represents outsized profit to the buyers with little or no risk. Patients have no alternative treatment options and taxpayers have to watch our money being transferred from insurance companies into the coffers of these pharma companies. The insurance companies will then raise the insurance premiums we have to pay. What nonsense.

    This is a waste of taxpayers ACA insurance money which is going to line the pockets of these wall street backed firms. The orphan drug designation should be revoked for companies pursuing this route of gaming our health care system and using this regulatory loophole. Please sponsor some legislation to address this incredible waste of money. I think there needs to be either a cost cap or other disincentive for companies to do this since we all have to pay for it thru our ACA insurance premiums. Why should a company be allowed to make this sort of money when they have put almost no effort into developing the drug, commercializing it, obtaining FDA approvals which was the reason we have orphan drug designation to begin with? They should not be allowed to do this using a law designed to encourage development of these drugs which is now used to shield them from normal competitive economic forces.
    Very truly yours, Jonny L (taxpayer and voter)

  • jonny_letter jonny_letter Jun 19, 2015 1:04 PM Flag

    Wow such a genius alright. Who would have thought of buying up rights to orphaned medicines people need and then raising the price to an insanely high level? That is just brilliant, right wall street? But its OK because they give a small discount back to patients and the ACA requires us taxpayers to fund this insanity thru our steadily rising medical premiums or tax penalties. I sure hope he runs for political office soon lol. Then he can receive the bribes er, I mean political contributions from these pharma companies instead of writing the checks to keep this insane health care system going.

  • Reply to

    Say a prayer for corvette and other shorts.

    by phil_inarizona Jun 18, 2015 10:06 AM
    jonny_letter jonny_letter Jun 18, 2015 3:31 PM Flag

    Politician don't wait until elections to act, they get elected based on their record. There are right now many legislative bills addressing what I am talking about in senate, congress, state houses, etc. You did not disagree with the rest of my point?

  • jonny_letter jonny_letter Jun 18, 2015 3:20 PM Flag

    Laughable. Vimovo=same ingredient as Aleve and Prilosec, Duexis=same ingredient as Ibuprofen and Pepcid. These are their 2 insanely overpriced cash cows. You guys really think this will last? Can buy these separately for pennies at Costco. CVS Express already said take a hike, won't be long before Medicare also

  • Reply to

    Say a prayer for corvette and other shorts.

    by phil_inarizona Jun 18, 2015 10:06 AM
    jonny_letter jonny_letter Jun 18, 2015 1:41 PM Flag

    But its a nice short at this $34 level however this is crazy overvalued, typical blowoff top here with options expire and all the usual wall street pumping. Specialty pharma drug price increases like HZNP are just not viable and there are too many voices of reason are saying the price inflation in health care is unsustainable. I sure don't like the idea of a large portion of my insurance premium money (for a much inferior policy than pre ACA) going to support just a handful of patients. Is totally ridiculous, other countries not controlled by the pharma industry are laughing at our insane health care model. Elections are coming and voters are #$%$

  • Reply to

    Come on guys, be smart

    by mailbotte Jun 10, 2015 4:58 AM
    jonny_letter jonny_letter Jun 12, 2015 3:34 PM Flag

    There will be a transdermal aspirin delivery soon imo which completely eliminates the need for yosprala. Also highly likely will be one for naproxen sodium which kills horizon's cash cow. Insurance company no way will approve $30 per tab for vivomo when one can take this stuff using a patch so the entire reason for pozn product to exist is beginning to look highly suspect. Couple with FDA warnings on overuse of PPI and this looks sort of questionable as long term. Great trader however! I'm out at this level. Good luck

5.17+0.26(+5.30%)Jul 2 4:02 PMEDT