RE:RE:I now own 1.2 million shares of XebecZouZS3 wrote:
This is how you put your money where your mouth is. Let's hope 5i Research is wrong. They are clearly betting on ANRG and their comments can mislead retails
Just to be clear, it was a subscriber who mentioned ANRG regarding a possible takeover, not 5i. And yes, while they think that as an independent company, ANRG has merit, a far bigger supporter seems to be TD Bank which thinks the SP will quadruple and maintains it as their top pick in the clean energy sector.
While not as extreme as XBC, pull up a one year chart on any of my other clean energy holdings and they all look lousy (eg. ANRG, GRN, EVGN) While no one can argue against clean energy being the future, the question is how long will that take and how painful will it be? Like Winston, one needs to be remarkably patient and purchase when you think that the knife has finally hit the floor. But the floor may be deeper for some companies because others are executing better. GLTA