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sidedraft

01/15/19 7:52 PM

#30590 RE: yesterdaysnews74 #30589

Yes sir, Brown is reading the scriptures, and quoting them is his press releases. Good times ahead, just over the next hill, or maybe the one after that. Just step outside your front door, manna will surely fall from the sky.

DragonBear

01/16/19 8:47 AM

#30594 RE: yesterdaysnews74 #30589

I'm thinking the list of whales here is too great to fail -LOL

Your homework assignment: What is the financial worth of Blackrock? Hint:$Bs. Assume the cost of their 2.88M shares is $2/shr. If the PPS were to go to $0.0001, would Blackrock be in a sudden panic over the write off of their loss?

Why is Blackrock in ZN? Because they have a fund emulating the return of the Russell 2000. They needed a stock with a low weight value in the Russell 2000.

When the Russell 2000 in May reviews the stocks in their index, they will kick ZN out. ZN is under SEC investigation, AND outside of a R/S by Jun will be in danger of NASDAQ delisting.

Additional homework assignment for ya: Find an OTC stock under $1, under SEC investigation, which is part of the Russell 2000 index.

After ZN is kicked out of the Russell 2000, a Blackrock will dump to clear it out of their fund. They will gently sneeze at the trivial loss. Neither are any of the other funds going to panic as they write off their trivial losses.