RE:Nuttalratsnake220 wrote: the question is did Nuttal short this.....after telling the world on BNN it was his largest position? Seriously...Schacter and Nuttall were praising them for paying off debt....So what do they do ...a financing at almost 9%,,,,,lenny the knife who is a loan shark in Vancouver lends money for less than Baytex paid in interest....this is a disgrace
why would they do a financing at 8.75% to redeem debt at 5.125% and 6.675% ?
do they think the situation is going to get worse and usurous rates will increase?