That does not go on for years, and I have not seen it. No fund would rationally lock itself in when there is no logical reason that would require it, especially if their view of an investment had changed. That kind of excuse should raise doubts about the validity of anything they might said about this particular stock and company because it is not specific, and it is unlikely and unrealistic...it’s a generalization, and it’s not realistic as one about a large public fund holding an OTC stock this long... as I said, decisions are delegable, and investment companies spend incredible amounts of money not only to avoid that situation, but never to admit it, and certainly, if it happened not to burden those for whom thaybhave a fiduciary duty, with any kind of legal mistake which can lead to a direct cause of action against the company and investment manager. If such statement was more specific, it would be an admission of a huge failing. It’s not, which makes it not likely to be the real reason, given all of the above including that they’re an institution, and such decisions are manageable such that such knowledge imwould be irrelevant, not to mention that such a disclosure, if not through their own bad faith, is not the burden of their mutual fund investors, but of a company disclosing such info...
It’s really untenable.
Market Data 
Markets 
AI
