RE:RE:RE:TVE Shares Currently Held By NinePoint Energy Fund?Yes, that's a good point. Of course Precision's float is very small so ideal for a fund like Ninepoint to move in and out of quickly making profit going long and short (and using BNN as a sounding board to benefit his trades).
Holding 50 million shares of TVE is a little harder to move quickly should things suddenly go south and he's either got a bit nervous holding such a large TVE position and is reducing their holdings or is trading a portion while he waits for TVE to turn the corner, which barring a sudden drop in oil prices should occur later this year (I'm guessing Q3).
HB77