RE:RE:RE:RE:RE:RE:RE:Hold and don't sellYou could almost tell he was struggling to sell/believe his own story that he would put it second tier for more dollars. He had that answered prepared knowing he would get asked it. I am sure preferring it was not asked yesterday I have heard him before talk about adding a new holding but would not discuss its' name until he was fully loaded with the stock.
No different here, he would be unwinding some of his newly overweighteds stock due to their run ups, and buying stock of those that have not run yet. No fund manager is going to pump a stock before he has the shares he wants.
Stay the course!
Oldnagger wrote: Tangible wrote: Good points, and if he is looking to rebalance to meet concentration limits or reduce concentration risks, then Torc+Whitecap, Meg, and Tamarack all will be too heavily weighted, and NVA is the laggard that will get the most added capital.
If it is true as nearly everyone says that Mr. Nuttall is misleading his investors then maybe that is a good contrarian signal.
The point is everyone should do his own due diligence
It would be nice to hear from those familiar with Nuvista their thoughts as to the value of its properties.(especially prospectivity for locations not already booked) I believe that as petroleum values increase the value of their assets will increasingly come to the forefront
I would consider such information as a sort of antisceptic against naysayers.