RE:RE:Wow,, Shachter makes total sense about BTE.. Link below,,Cardboard1 wrote:
LOL!
Seems to be a fight between Schachter and Nuttall. He spent the episode trashing heavy oil while Nuttall laughed at him a few episodes ago about his Bellatrix pick.
Both have good arguments on energy but, they are not right on everything so you need to pick and choose.
Regarding Baytex, I am not sure about the specific cause for this vitriol. Calling for the CEO and CFO to be canned because they don't own that much stock? I mean, over 3/4 of the oil patch executives would have to be fired on that basis.
Then he has CPG for top pick which is probably one of the worst offenders in terms of being shareholder unfriendly and lack of insider ownership???
Sounds to me like the Baytex guys refused to go to his little conference and he got upset. Or he had money into RRX and lost big? Either way that wasn't very smart of him.
Cardboard
I think that Schachter and Nuttall don't personally like each other. So they give contrarian views to each others picks.