Couldn't swallow the vomitHey Serafino, why don't you have any shares in this company that you bought with your own money?
Probably going to have a blow out quarter, I contemplated buying back in because of all the capital I have to deploy, but just couldn't force myself to do it. Too many things that run counter to my investment style and logic. Serafino doesn't drink his own cool aid so neither will I.
Spent a couple days prospecting around and decided to deploy my funds into PEY, Peyto Energy at 2.99/share. Stock is like 90% off it's highs after several dividend cuts and concerns about debt. Management is excellent however. I feel they will survive and the beaten down share price is way overdone.
Will deploy what remains of funds into some smaller assortment of picks.
GLTA with GCM, fraid I couldn't hop back into the boat with yall!