Post by
Commonguy on May 09, 2024 9:10am
Eric the magician Nuttall
On the Simply Wall Street site it show that Nuttall/Ninepoint has sold all 50,000,000 shares. The stockhouse site indicates as of the end of March 2024 Ninepoint sold 11,000,000 shares so Eric does it again. I know he promotes Canadian oil but it explains the lack of stock appreciation.
Comment by
cre8value4me on May 09, 2024 9:26am
Good find it, the stock price action was the same when he sold out of Athabasca so that is what I thought was happening. If he is finally out of the trade then as with Athabasca there should be a price correction to the upside soon as Eric's holdings create a lot of downside pressure the market has to absorb alot of shares in this case 50,000,000 thats not chicken scratch! GLTA
Comment by
robert41 on May 09, 2024 10:06am
Still a top holding on his fund and no change on stockhouse is simply wall street accurate? Thx