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Why did the fund take a nose dive last July? {nm}

Posted by: elchan (a.k.a elchan2012) on May 28, 17:13 in response to accountant_4_Jesus' post Ok, fess up... Who's holding 11,000 shares short in...

Ok, fess up... Who's holding 11,000 shares short in AWARD? Is that someone playing the negative port game? {nm} accountant_4_Jesus May 28, 16:11

why would a negative port play any fund short....? {nm} RazorHawk May 28, 16:12

Isn't the goal of negative ports to lose as much money as possible? {nm} accountant_4_Jesus May 28, 16:14

They would invest 200k to lose 800k? Funds are a very poor negative port investment. {nm} RazorHawk May 28, 16:29

The goal is to lose as much money as possible, but you also need to keep positive cash as long as possible. Investing in funds is not {nm} Piaoliang May 29, 09:45

Sorry!! Investing in funds is not long-term enough. Once they delist, they eat into your positive cash. Once you have no positive cash, you {nm} Piaoliang May 29, 09:53

Confession - the ROTO played AWARD SHORT just before it took that big Smackdown. Had to be done. {nm} RotoHockeyYTD2012 May 28, 16:48

Why did the fund take a nose dive last July? elchan May 28, 17:13

It didn't. It Delisted once it surpassed 100.00 then started anew at 20.00. {nm} RotoHockeyYTD2012 May 28, 17:21

Oh, yeah. Should have looked closer. Thanks! {nm} elchan May 28, 17:26

The Smackdown referred to happened on May 07, 2012. {nm} RotoHockeyYTD2012 May 28, 18:51

There are 55 shares of my fund being held short {nm} AFRAM-The African American Fund May 28, 17:13

Interesting strategy for AFRAM. Short every mother f*king thing, except for SLJAC and any movie he's in, like AVNGR. {nm} elchan May 28, 17:24

Ymean like TPERR movies? {nm} Buy StarBond Fund 18 May 28, 17:35

The only thing long in AFRAM is SLJAC and AVNGR. {nm} elchan May 28, 17:42

here is everything to know about the AFRAM Fund... AFRAM-The African American Fund May 28, 19:49

LOL, like I said, short every MF thing, except SLJAC and AVNGR. Also I don't agree with the AVNGR move ... elchan May 28, 21:29





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