Why it still doesn't reflect true vale..
How many large shareholders did what 8 did..bought a very large, for me position in whitecap, sub $1.00 With today's yield i am collecting better than 38% yield on my cost base. The relative value of whitecap in my portfolio is seriously out of balance. Any prudent portfolio manager HAS TO TRIM his holdings in whitecap to get overall exposure to sector allocation back in line. I haven't trimmed yet, but with each passing day it brings me closer. Profesional money managers and disciplined investors alike, need to manage exposure. Is whitecap going higher? I think so. But we still have to be disciplined. My portfolio is pushing 40% of its value in energy. No matter what, will have to slowly trim going forward, sometime! Just saying what is right!.