Del VicarioIf you listen to some of his other comments (eg. PHM or PHO) he seems to have become more of a technican than a fundamental analyst. He previously owned companies personally yet doesn't know much about them. Why else would he indicate that he may sell the rest of his position at these bargain levels if you've done proper DD and the company has been the victim of shorts. IMHO, his entire appearance yesterday was a bit strange. GLTA
https://www.bnn.ca/video/jason-del-vicario-discusses-crh-medical~1164650
2017-07-10 COMMENT Jason Del Vicario
When a Short report came out, this dropped about 30%. Had sold about half his position in the $11 range to take some risk off the table. The stock is now close to the level, where if it breaches it, he will be selling his position. Believes their business is strong. He likes the company, but is just a little worried about it technically right now. On a P/E ratio, they seem really expensive. They have a nice ROE.
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Price:
$6.750
Subject:
NORTH AMERICAN (GROWTH)
Bias:
CAUTIOUS
Owned:
Yes