Athabasca Oil Corp T.ATH

How do we know if EN is selling Ath?

[OGInvest0r]

Rumors are going around. But how do we know for sure? Does someone have their ear to the ground (ie watching the trades)? I am at a loss for why so much selling pressure and such weird penny up half penny down trades occurred all day today.

[MLEWICKIMBA]

Rumors  Why would EN sell tge funds shares when the price is going to 5 bucks by December. Why would he sell when Ath is a primary takeover target.

[cahclick]

  Like I said, some days there's no esplaining. Try to remember though, ATH closed up 32 cents last week. It closed up another 2 pennies yesterday.  I can't imagine why EN would sell. He owns 10% of the company and it's on a tear. I do know though that the big commercial boys with deep pockets know how to steal shares from guys that panic over half a penny. glta

[OGInvest0r]

Agree. I just am a bit miffed I averaged up this morning at 3.81! 

[Jimmy1page]

I don't think he's selling.

[geric]

Didn't he have a price target of around 6.80?  Doubt he'd bail this soon.

[Hoover69]

Nuttall (Ninepoint) did actually sell about 8.5% of his Ath shares in July.  It is now his 7th largest holding (was 4th largest at end of June).  It still represents over 9% of his portfolio however.  He really loaded up on Crescent Point in July.