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Index
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Value
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Change*
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(%)
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•
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Nasdaq
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2384.4
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+123.8
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(+5.2%)
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•
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S&P500
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1266.7
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-52.5
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(-4.1%)
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Investment Director **
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(+17.1%)
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*over the last 6 months (As of Aug 14)
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**Top Investment Director performance
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" |
Vestopia is a phenomenal resource for any serious investor... I have really come
to trust the Investment Directors' decisions."
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Michael G., Hedge Fund Manager
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" |
Having been in the investment business for most of my career, I can appreciate the
high caliber Investment Directors... I also love the constant flow of winning ideas."
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Todd S., Executive Management, Multinational Pharmaceutical Company
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Being a member of Vestopia has allowed me to manage my portfolio like a seasoned
Wall Street veteran - it saves me a whole lot of time, and money."
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Jon S., Executive Management, Leading Global Energy Company
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Northgate Minerals (NXG) is a mid-tier gold producer with mining operations and resources in Canada and Australia, both geopolitically stable and safe countries. The Company is projected to produce 385K ounces of gold this year and maintaining gold production of 350K-400K ounces in future years. Just like every other junior miners (even NXG is not a junior), Northgate's stock price has
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Crude oil's price has fallen from over $145 in July to under $115 in August and there is every indication it will fall farther, at least in the short-term, as expectations of global economic growth and the associated thirst for energy are both trimmed.
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The month of August is quickly becoming a month of misery for hedge funds and short sellers in particular. Like last year, when the credit crisis seemed to initially explode and cause many large hedge funds, particularly quant-based ones that employ long/short strategies, to suffer massive losses, this year's August is doing the same.
The 10% most heavily shorted stocks are outperforming
Read More...
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All of the Investment Directors at Vestopia have unique attributes to our portfolio management and research strategies which allow us to offer characteristics which will be attractive to certain sets of investors. My own philosophy is to look for undervalued stocks which are typically underfollowed (many of the stocks I own have either no analyst coverage or are covered by one of
Read More...
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