Post by
dropthegloves on Dec 02, 2020 8:41am
Nine Points Energy Fund
I noticed in Eric Nuttall's most recent tweet he said he has a 23% cash position that he will be deploying in the coming days. I wonder what companies he sold recently to hold such a large cash position. VII was one of his top holdings
Comment by
Robertboblaw on Dec 02, 2020 12:48pm
Don't quote me on it as 100 % buy I'm pretty sure midpoint sold a significant amount of nuvista on the last few months (some were sold for sure to pou in October). That's my guess on where the cash came from. Again not 100 percent tho
Comment by
regardless on Dec 02, 2020 1:47pm
Lots of strength in the stock today Share price is still at the high from when oil was 50 cents a barrel higher... of oil runs up again to 45.90$ range this goes to 6$ of we close near 6$ tonight amd opec makes a deal oul could go to 48$ if fancy a guess that we could go up 5-10% tomorrow from today's close
Comment by
Maxmoe on Dec 09, 2020 12:15pm
Based on the top holdings list from nov vs oct he sold arx, pou, and Pd plus part sale of meg. He added cnq and cpg. A chunk of that 23% would be profits he booked in November. Did he Twitter what he was adding since month end? I don't follow Twitter.