RE:RE:RE:RE:RE:Timing in oil sector can make or break you.The market timing issue is not exclusive to oil, but rather all commodities, basically. If you also bought copper producers or lumber producers around last March - April, those have all since become multi-baggers.
On the flipside, if you bought gold miners late last fall, right before he vaccine news and rise in bond yields, you have gotten absolutely killed.
Backinblack1000 wrote: Compare Nutall's approach to his competitors (if you can call them that) Mr. Bowtie, almost non-existant now adays....and Rafi from Canoe....who imo...sounds like he is about to do himself in, when it comes to energy.......so...easy to criticize Nutall...when no one else really stands out.....imo....in terms of holding ath.to....despends on one's aversion to risk....and the old risk reward............mind you, if you don't want risk....stay outta oil...and go to Gic's imo...
AppreciateOil21 wrote: Again some great points. Almost as if your reading from retail investing for dummies! However I am not a fan of the black & white narrative that Eric Nutall alone decides where these prices go. There are a good couple dozen Canadian small & mid cap upstream oil and gas producers. Each stock tests their range and drops to a support frequently. Eric Nutall's devoted followers do not play a large part! Any movement in SP after MarketCall featuring Eric Nutall is Post-Hoc fallacy and feeding one's own narrative. The theory he drives SP in any direction is low resolution thinking. BNN's Marketcall does influence to some degree retail investors as a whole. Not one guest who appears. Any large player or players taking a position will move the SP. Yes Eric did buy ATH via Block trade. I am glad he did. These moves are often done outside of market price. Nothing unexpected. Curretly I don't think anyone wants large positions in ATH. MAYBE Q1 2021 will change that. Looks like the Saudis will maintain curtailed production. GLTA!!