RE:RE:RE:RE:RE:RE:BafflingMeh. Put his energy fund up against the TSX energy index . Take his fees off his performance and it's an abject failure . He likes to boast his performance in cherry picked time frames . Its a ruse, a charade. Yes he can affect a share price for a day or two. It all reverts back to mean. Not blaming the guy, he's got a sweet job and income for sure. I am blaming the minions who think they can do any better with him at the helm. Not going to happen unless youre really lucky with the entry and exit points . How can an active trader make any more money in a market that is detached from fundamentals ? His wishing it was better makes no difference. WCP should be double where it is now.
Moemoney42 wrote: The thing is about Nuttal.. he has the fire power to influence the direction of a stock on any given day.. so he's far above your average "active trader".. and has the ability to reap the benefits of being "active" IMO Citizen13 wrote: Or profit taking on a Friday after a long run up. Wouldnt be too concerned about the daily or for some guys hourly price check. Its a stock, it trades like most stocks . If the algo's think it's been pushed too far one way, they lock in profit. The red today is certainly not from true long term investors. Nuttall is a hamster on a wheel . He'll sell to make his numbers look good so he can continue to steal 2% from his minions. Let's face it, that's where these active traders make their money . If he relied on profitability he'd have been bankrupt years ago. Time and time again it's been proven active traders do not fare better than buy and hold. They usually do a lot worse over time.
Iliveinavan wrote: The Trudeau effect yet again....it'll pass. Time to purge the country of this poison.
Olliethegoalie wrote: Strange week. WCP MEG CNQ TOU SU and BTE all red? I must suck at this investing stuff. I thought it would be up. LOL