RE:RE:RE:Net house so far today - TSX only 2.846.200 by BMONuttal is not a long-term investor. How is having a short-term trader that owns 10% of a small/micro-cap stock beneficial to the stock holders? People make investment decisions based on what he says and does, therefore with him out it takes out that variable, and investors will buy ATH based on its merits, not Eric's.
Eric's fund is growing quickly and will probably be at $1bl in short order. If he continues to run a highly concentrated portfolio, then ATH will no longer be viable option unless it doubles in size in the next 2-3 months.
He's not selling a 10% block. He's been selling down for months now, from 53ml to 35ml and the end of September. My gut tells me he was selling large first around the 0.89 level and the 0.98 level.
We'll know soon enough.