Veren Inc T.VRN

Eric Nuttall Bought Position in CPG could Swallow SGY easy

[CanadianOil2022]

Eric Nuttall said she bought a Position in Crescent point energy today top 10 because great Beast Cash flows and could easily Swallow up SURGE ENERGY like a Kardashian 

[Bpultra]

------------------ I always thought eric was a man   ?

[BigJoe778]

One really never knows these days........lol

[CanadianOil2022]

CRESCENT POINT ENERGY CPG $10/SSHARE PRICE TARGET BEST CASHFLOWS PER SHARE ERIC NUTTALL just bought millions of Cpg

[Ogre03]

CPG is no longer in his top ten investments.  No idea whos buying but it would stand to reason he was selling.

[LiquidOctopusV2]

He didn't sell it.  It doesn't stand to reason.  This was a just a rumour that started when CPG wasn't in the top 10 anymore.  His fund holds between 20 and 30 positions at any time.  Usually, we don't know what most of them are. 

[BigJoe778]

It wasn't a rumor that it's not in his top 10. You can go right to the nine point webpage and see what's in his top 10. CPG wasn't on the list. 

[LiquidOctopusV2]

I'm not sure if I chose poor wording.  There was a rumour he sold off CPG, it was based on the stock falling from the top ten.  There is no good source on what NinePoints or what their trades are.  Unless you here something said in an interview. 

[TheBridge]

Ogre03, it was around a week ago that he was on BNN and he indicated that he was on the verge of deciding which way to go with CPG, that he needed CPG management/Board to clarify what their long term plans were since it wasn't clear at that time. My impression was that he felt CPG had great potential, his fund could greatly benefit from it and  he wan't about to leave it until he had

[LiquidOctopusV2]

What Eric was doing in my view, was publically flogging them for being stingy with the dividend.  When he said he had "work to do", he wasn't saying research.  He was going to call them or meet with them to try to get them to commit to better plan for shareholder returns.  Eric is, for lack of a better term, an activist investor.  His companies follow the market