Tuesday, February 05, 2019 3:25:19 AM
I think that biosect answered that issue,i.e., that funds have a way around this. I am sure that it is rather common that funds and a fund manager, in doing DD, may come across, and perhaps inadvertently so, inside information. However, they do not want to be hamstrung by this and so have ways and means to get around it.
However, it does appear odd that if unrestricted, NW would not have sold on the way down. It could be within the realm of speculation that the information he did have, however he came to know it, was so compelling that he held on in fear that if he sold, he might miss out on a quick and huge updraft. Who knows? Obviously, we are not privy to the whole story and the principals ain't talking.
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