OTCPK:STVMF - Post by User
Comment by
jackpinesavageon Jan 17, 2015 10:47am
167 Views
Post# 23331197
RE:ABC funds sold 3.5 million shares of Savanna
RE:ABC funds sold 3.5 million shares of Savanna
I don't feel sorry for him at all. I feel sorry for the investors
he fleeced by concentrating so many highly leveraged
commodity stocks in one portfolio. How do you reconcile
the lack of diversification every fund should offer, when
concentrate a crib of 5 different oil service companies in
the same crib.
Did you notice,,, he is a lousy stockpicker as well?
Look at Sherritt's performance over the last 4 years.
How about his favorite Capstone, which sunk 32% in
the past week.
Irwin is now recruiting new shareholders after
buying companies like Savanna high, and then selling
them at 20 cents on the dollar. Some Guru.
We now know what I suggested 2 weeks ago.
"It had to be Irwin Michaels driving the price down."