RE:RE:FWIWretiredcf wrote: He's been making the same top picks for the past 6 months which is why he's always down more than 50%. But you do have to give him credit for appearing on Market Call repeatedly and taking his lumps.
It goes without saying that the Canadian energy sector is in the toilet and the only thing that is going to lift up these stocks is improving market sentiment. Even the international companies (eg. PXT, VET, GTE, SDX) have been tarnishished with the same brush and while I still own and like YGR, IMHO, this is where the better value lies. GLTA
Well FWIW, I sold some SDX today to buy more VET and YGR. It is hard not to want to rotate with SDX flat and YGR down 7% on the day and VET down 15% in December (so far!).
Yeah, with oil down below $50 WTI and Brent down to $58, the whole sector should be selling off. I just don't quite get why YGR continues to be punished more than their peers day after day.