RE: My thoughts on Eric Nuttall Eric Nuttall is obviously a very sharp guy and understand the oil an gas business. That makes him a good analyst but that does not necessary make him a good investor. Sure we can see the facts and figures indicate that LEG should be a much higher price stock than $7+. So it is cheap. That's how Eric does his analysis. However, the market says - so what?
This stock never seem to catch the investor public's fancy. Eric has been touting LEG for at least two years now, if not more. Still no break through on SP. Two years with no real gain in SP I would get off this horse and move on. LEG was at one time one of my key holdings. Now I'm down to 10K shares and 23% in the red still. Perhaps Eric should learn to catch investor sentiment on certain stocks to complement his exceptional analytical skill. After all people fork out ridiculous money to buy stocks like Facebook on its IPO which has to priced at least 100X earnings. And yet bargains like LEG are totally ignored.
Here's the intelligence of the stock market for you, go figure.