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Re: Lightning_Rod post# 159259

Saturday, 09/23/2023 7:19:56 PM

Saturday, September 23, 2023 7:19:56 PM

Post# of 233890
All that matters is, they are simply trying to match an index rate of return. They have no incentive to make a profit in the funds that have purchased Lightwave. Vanguard’s website says this. And I found a description of each of Blackrocks three largest funds holding LWLG that says the same thing.

I don’t know how they choose the stocks that they choose within a given index or why they add to it or subtract from it. But it doesn’t mean anything if they choose Lightwave. All that means is lightwave met their criteria that helps them mirror the particular index ROR

That’s why anyone here that thinks their ownership of Lightwave is a positive sign is just wrong.
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