RE:RE:Clearwater Capital Management, Inc.FarmerSask wrote: I would also be very interested to talk to Clearwater and see what there intentions are in buying over 10% of Sherritt stock. Ive checked them out as much as I could and they seem to be smart investors. I was surprised they were not at the annual meeting and or havent asked for a place on the board. (I wish they would). Im hoping they become more active. Them buying helped support my reasoning for increasing my holdings just prior to annual meeting. (not looking great right now) Cheers
They can't be that smart if they oopsied over 10%. And my guess is somebody screwed up and they bought over 10% by mistake. Unless they are on their way to 19.9%, it seems counterproductive and pointless to land barely over 10%.
OR ....... cue the dramatic music .....Careful what you wish for here fellow shareholders. Maybe the current team is no better than the last for sucking sherritt dry, and lining their own pockets, but watch out. The next team might just figure out a way to stuff everything into their own pockets before they walk away leaving shareholders, debt holders,and several governments wondering what happened. Maybe Clearwater are that next, and final, team.