RE:RE:RE:RE:RE:RE:RE:RE:Nine Point Energy - Eric Nuttall Like I've been saying he's been selling. He's moving up market for the most part. His fund is growing,
over $700ml in AUM. He could move back in once the valuations in the larger cos expand, as the spread isn't that wide. Plus he thinks the buybacks and increase divy announcements will propel those stock, while it might take a while before ATH gets there. So expect continued selling by Eric to hold down the stock, probably 10ml a month.
Mind you, 20ml shares traded hands yesterday, and I'm willing to bet most of those sold at 0.98+ were his. Hopefully he's mostly done. This is just like BTE when he sold out, once he was out the stock launched higher. Expect the same.