RE:RE:RE:wonder what Eric Nuttal will have to say about oil and gasTheWokeLemming wrote: He just threw WCP investors under the bus with "recently sold". It'll be interesting to see how his pumps go today. People are figuring him out. My opinion only.
how exactly did he throw them under the bus? Basically what he said was that he expected increased shareholder returns, they took on a ton of debt for their acquisition and kicked shareholder returns down the road. How is that throwing anyone under the bus? I did the same btw. Wcp changed the game with that acquisition and I sold my position in that stock, which was well into a 6 figure position.
you've commented on cj mgmt. What CJ mgmt is doing is working the percentages on buy backs versus dividends, not changing the equation or timing of returns. That's profoundly different than taking on the debt that wcp took. This is not my opinion only, it's factually correct