RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Grab some CMMC while ya buy this dipI would like to know also... That would be actual useful information and dialouge.
I suspect maybe a big fund cleaning out "penny stocks" at the time because of the optics to their clientele. I t is possible that the optics for billion dollar fund are more valuable than gambling on upside when NCU was near bankruptcy at sub $3.00 copper.
Thoughts?
N
savyinvestor333 wrote: I'd like to know who was the fund that sold all those the shares and why.
Notgnu wrote: Time will tell. I am placing my bet along with these guys (and with Pala.) These guys also knew when they bought in, that a consolidation was coming.
Recent specialist funds to BUY into NCU
Fourth Sail:
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70 million shares, 19 + million warrants (approximated from corp. pres.)
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https://www.fourthsailcap.com/our-work/
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We spend much of our time analyzing the underlying value of cash flows of companies, which is typically where we try to capture upside. Across sectors, we strive to have deep industry knowledge, continuous contact with management teams, and a constant refinement of our assumptions and models.Regal Funds
Regal Funds:
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31 million shares, 8.5 million warrants (approximated from corp. pres.)
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https://www.regalfm.com/site/About-Us/approach
INVESTMENT PHILOSOPHY
Through fundamental research Regal selects shares that it believes are undervalued and are expected to rise in price. In addition, the strategies utilise Regal’s expertise and systems to sell shares that it believes are overvalued and take advantage of a falling share price. This practice is known as ‘shorting’ and sets Regal apart from many other traditional investors as it creates more opportunity for alpha generation.
INVESTMENT PROCESS
The investment process for our funds focuses on a four-step stock selection process, which emphasises the bottom-up valuation of companies.
N. NonCredibleSrc wrote: Ovintintiv (previously Encana) went through the same thing - 5 to 1 consol - SP dove to about 1/3 the consolodated value - took a year to recover.