RE:RE:RE:RE:If Nuttal was buying then it was through BMO Well, as I'm sure you know, he's not a long term investor - just looking for profitable turns.
He could easily be out of ATH by now as he's had lots of opportunity to sell the position he bought. There were lots of high volume days on the way to 60 cents. However and I mean however in all caps, if he sold out, he has to come up with another that can perform better than ATH. Sometimes sitting on one's hands is the most brilliant play of the day ! One in the bag is way better than two in the forest. I learned that one a time or two. If anyone was able to call it right all the time, they wouldn't be here.
I personally believe he is probably still holding ATH as the refinancing is all but a given and the announcement will give him another significant return.
I don't rely on his BNN picks but I give him full credit for committing his career to oil & gas. His trips to BNN are just free advertising. None the less, he's a smart man. He makes mistakes too but always always loyal to O&G. For that I give him full credit.
Anyway, good luck to all. I still believe ATH will run much higher as long as oil cooperates.
jmo
old_dog wrote:
cahclick wrote:
I don't think Nuttal would be buying at .47 when he already bought 50 million shares at .18 from Equinor back around Jan 18.
He would be averaging up if he bought at today's prices.
His money manager rating would go from hero to zero. Lol
jmo
lovehockey wrote:
lovehockey wrote: Lots of shares went to accounts with BMO
It does look like it is him, seems like he believes 47 cents is a good price to pay even now when oil price is manipulated down.
FROM HERO TO ZERO.......well thought out I can see your a real pro. Let me ask you this question....if he keep the money in cash and didn't buy any more then he'd be a smarter money manager. You do seem to have missed a bigger picture.....while he amassed a nice block in the 18 cent range and I'm sure he's been pounding them away as the price has been climbing...how much value has he added to the 50 Million shares that he amassed at 18 cents. Just because he's buying up doesn't mean that he's buying at the same rate, but adding a few million shares over a week can cause the share vule to increase quite a bit....SO FROM ZERO TO HERO I think is the right way to think...after all if he was SMART ENOUGH to buy at 18 cents and buy 50 million shares then he's a HERO NOW.....any manager that is bringing in excess of 100% in 6 months is doing very well.......
old_dog