RE: 81,292 BB1 Sep 2024 14:35
'...My point was that the longs on this board were pinning hopes on Blackrock. I didn’t bother looking at their holdings. If it is indeed from those going short, then it’s a non positive. But I haven’t confirmed and have no interest in spending time on it...'
I know what your point was, Rrb, but your opinions and comments come from a place of not understanding how IIs work. Everyone on this board is writing from an ignorance of how the real world works. Whether it's Blackrock, or MNG or any other investment firm, every poster here fall back on the erroneous presumption that 'well Blackrock have a big holding here, they must think the company is set for a future of untold riches'. The fact is they are either ignorant of, or choose to ignore, is whatever happens to DEC, if it fails, they win, if it succeeds they win. It's just a question of how much they win.
But the morons on this board don't see that, they think they're all in it together, it comforts them to think they're not the only ones that are sitting on a stone cold loser.