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LOL, like I said, short every MF thing, except SLJAC and AVNGR. Also I don't agree with the AVNGR move ...

Posted by: elchan (a.k.a elchan2012) on May 28, 21:29 in response to AFRAM-The African American Fund's post here is everything to know about the AFRAM Fund...

A fund should nevery dump everything and go to one stock.  If this happened to a fund IRL, the fund manager, would probably be fired, regardless of how much money they made.  The whole idea of a fund is to help owners mitigate their risk, by spreading it between stocks of various beta.  As the Donald would say, AFRAM Manager, you're fired!

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? {nm} 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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