“Same old story, same old song and dance” AerosmithI caught this comment recently from Desjardins analyst, reinforcing my long held motto "it's lonely at the bottom"
We do not believe it's a stretch to suggest that most of the easy gains in Canadian oil and gas equities have now occurred following a 3.5-year period of supernormal performance, although it's a deeply unpopular view in some quarters," MacCullouch wrote.
Well,let me tell you, other than a very few lonely investors that 3.5 years ago, NOBODY was pounding the table BUY on ATH at 11 cents. Eric the great , just ask him, was laughed at and mocked for buying the 10% block from Equinor at 18 cents 2.5 years ago. So today, after completely missing the 4000% return, I'm supposed to ascribe any credibility to this guys Pooh-Poohing comments ? One thing for sure, those returns for ATH and dozens of other producers were NOT EASY. Typical underhanded comment from someone who can't acknowledge their huge mistake.
"Same old song and dance, my friend"
.
We do not believe it's a stretch to suggest that most of the easy gains in Canadian oil and gas equities have now occurred following a 3.5-year period of supernormal performance, although it's a deeply unpopular view in some quarters," MacCullouch wrote.