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biosectinvestor

09/14/21 9:15 AM

#401884 RE: Basin Street Blues #401867

It is different when they are asking questions, that is direct to management. They have to decide if they should hold, sell or buy more. It is not about “accountability”, it is only about their interests and what they will do. They do not sit on bulletin boards and on social media posting nonsense. Nor do they bring suit generally. Sure, if the fund has been defrauded, which is not the same as what we are discussing. Typically that involves crimes that are being prosecuted, not prosecuting them themselves.

The kind of nonsense that gets posed is not realistic on most of these boards. The shareholder advocates in bulletin boards and in these tiny companies are frequently just out to enrich themselves, but not typically in any way that benefits all shareholders. Often they do so to get paid to go away, like protection money.