Post by
filefish on Dec 01, 2011 6:30pm
Eric Nuttall comments
On BNN Market call, part 6 of 11/30/11, Eric Nuttall has changed his tune on Vero.
From a top pick in June, he now calls it a Sell.
Says Vero spends more than it borrows, and has had trouble executing recently. He has sold position in VRO in Sprot's fund. Continues to say management is frustrated with share price and should sell the company. At this low price it would be an accretive transaction to the buyer.
I agree, if you cant exploit your asset base due to lack of funds, let someone with deep pockets do that .
Comment by
Specboy20II on Dec 01, 2011 6:35pm
But he sold..Funny I remember the friday before Fins released Sprott Coremark sold a ton.....Thought it might be related to this kids position.Funny was it good luck or was he hearing how bad they were?Masrkets are rigged and jigged I thinkNutall like some over past year had some good calls but lately I see none of his stuff worthy of pat on back..NVS,PTA,VRO..etc etc
Comment by
Troyahorse on Dec 02, 2011 4:33pm
It goes to show us how reliable are this high class analyst? LOL.Do your own DD and stop listening to these guys, they all have their own hidden agenda, they pump the stocks and sell at high then they tell retail investors to sell and then they buy low again.I will also hold on my full position till Feb or March 2012 and even add to position on low days. GLTA