RE:RE:RE:RE:RE:BTE - Another Nine Points Disaster. TheWokeLemming wrote:
HeavyBanana wrote: TheWokeLemming wrote:
Moemoney42 wrote: I get a chuckle out of all the Nuttal bashers.. if you're so certain you have him pegged as a pump and dump, then why aren't you all multi-milionaires by now following his lead..?
Seems many posters only criticize him, which tells me they're on the wrong side of the trade, otherwise they'd be smiling all the way to the bank..!
Nuttal is an active trader, that's his game, because he swings big dollars and you don't isn't a fair reason for the attacks.. IMO
He has the ability to swing momentum on a given name obviously.. so if its so transparent quit b!tchin and get on board.. ;-)
"ERIC NUTTALL IS AN ACTIVE TRADER".
BINGO.
As a former CJ investor I can tell you first hand that it was a matter of weeks between a pump and then a BNN appearance where he stated he had sold. Of course he can do this but you expect to be the last to know once he has sold. IMHO.
TheWokeLemming, is it your practice to advertise that you are exiting a position prior to doing so?
No. DYOD. I'm not on tv telling people what to buy. That's the difference.
Kicker is that I completely agree with Eric's thesis and have followed it, doing much better than he has not following it. While EN obviously has a lot of intellect on this sector, make no mistake who he is giving advice for .... hint: it's not you or me.
TheWokeLemming, if Nuttal and his team changed direction on a name in the near term after going on a television program highlighting the reasons why it was a good name and NinePoints disposition of that name within their funds caused pressure to the stock and/or created losses for you or any other retail type investor then I suppose you wouldn't be a buyer of any of his funds let alone buyer of a name he highlights positive attributes to which an investment should be considered.
Likewise, if you were an investor in his funds and the adjustments he and his team made created losses for you throught those funds then you wouldn't be a buyer of those funds in the future either.
Now let's say you are a NinePoint fund holder and Nuttal and his team have you making plenty of green throughout the rebalancing he and his team do from time to time, I'm guessing you'd be steadfast in holding the funds for that very reason.
Baytex/Ranger is well positioned for "outperform" performance and Eric Nuttal has no invlovement in what positions the company that way.
I personally learn some things from Nuttal's interviews from time to time. The last one was great for understanding how he draws a line to fair value of $14.00 at the current time.