Tamarack Valley Energy Ltd T.TVE

nnrg

[noahzark]

my m/star still shows dec31. neo exchange shows may2/22.
willing to believe ninepoint is just alphabetic, silly mistake, we can breathe out now.
Cheers!

[riski]

There is no doubt Eric sold some of his TVE holding. TVE was a top 10 for a couple years, but is now on the outside as he looks for more torque from other names. WCP suffered the same fate. He still owns these, they are just not top 10 holdings anymore. Eric dislikes acquirers. He's warned the market/CEOs over and over again that he is looking for debt reduction, share buybacks, and dividends

[riski]

I should add that this doesn't make TVE a bad investment. It just requires more patience to get the rerate that other names are going to get when they hit their debt targets and start paying big dividends.   TVE and WCP will do well, but Eric is always looking for the biggest gains this year, not 3 years from now. 

[diceslinger]

Respectfully disagree....if he sold tve he has lost all credibility.

[Bennys65]

Just thinking .Eric has already said that he is alligned with managemet.Made it a top pick.Looking at the top ten he has added two bakken.players.Could be he just reduced his position in order to buy them because they represent great value.Does not mean he sold all the stock just trimmed.

[riski]

I very much doubt he sold his entire holding of TVE. He was quite bullish on the recent market call on TVE, but likely trimmed a number of holdings including TVE to satisfy his theory that names with the largest heavy oil holdings are going to outperform in the short term due to a narrowing WCS:WTI differential.