Yes, there may have been some suggestions that had a Capital Gain, bearing in mind that he quite often targeted small cap new arrivals.
However, what he wasn't always prepared to do was to take heed of common sense recommendations from informed investors who pointed out the folly of his continued punting of MHR, especially with regard to the enormous operating costs and losses that the company was carrying which, in turn, was carried forward to the company's Balance Sheet via its "NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS", for example -$817 689 000 in 2015, seeing, to the best of my knowledge, that no dividend was paid to shareholders ...
Message 27885913
Message 27370411
He continued to push MHR, and an elderly SI member informed me, in a PM, the loss that was suffered due to his recommendation to that person of an investment in MHR.
Now, if you or anyone else believed that MHR was still worth investing in during any of those above 3 years, then I can only recommend interrogating those aspects of a company's Financial Statements that clearly indicate the state of its profitability .... |
