TSX:HOT.DB.V - Post by User
Comment by
Investorguy123on Jan 08, 2020 9:23am
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Post# 30529830
RE:RE:Dig into Insider ownership
RE:RE:Dig into Insider ownershipCanSiamCyp wrote: BSdetector2016:
Your point is correct. However, this LP's unit price has been depressed for years now - despite the CEO and Board members being compensated in units (hence, the skin in the game). And, yes, the insiders also have regularly been buyers of units on the open market, too. But still the low price persists!!!
I believe it was Jack Vogel (the founder of Vanguard Funds) who stated something along the lines: "the market can remain irrational longer than you can remain solvent". His remark seems to be applicable to HOT.UN!
Note: I have been long on HOT.UN since 2015 and am patiently waiting for the long-promised recovery!
i miss Jimmy, another long on Hot.un