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Marshall Hargrave's  Instablog

Marshall Hargrave
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Registered investment adviser rep and entrepreneur. CFA Level 2 Candidate. Started with out NMFN before venturing out on my own. Now running an equity research company.
My company:
Bridgewater Investments
My blog:
stockpucker
  • Billionaire Steve Cohen Loves Oil & Gas: Forest Oil  0 comments
    Feb 21, 2013 3:23 PM | about stocks: FST

    Forest Oil (NYSE:FST) is down almost 50% over the last twelve months, but that has not been a deterrent for billionaire Steve Cohen of SAC Capital. A recent SEC filing shows that Cohen upped his stake in Forest Oil by 150%; he owned 4.6 million shares at the end of the third quarter and now owns 11.5 million shares, or 9.8% of Forest Oil's outstanding shares (check out Cohen's stock picks). Cohen has been active of late, not only doubling his Forest Oil position, but taking a renewed interest in DVR pioneer TiVo.

    read the rest at the stockpucker blog...

    Themes: Steve Cohen, SAC Capital Stocks: FST
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