Pressure on mutual funds

19,686 Views | 211 Replies | Last: 3 yr ago by HoustonAggie37713
YouBet
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AG
HoustonAggie37713 said:

YouBet said:

HoustonAggie37713 said:

jh0400 said:

Your knowledge of pending changes to board composition in this case is non-public and is likely material. Anyone who has any type of role in a company that falls under either the SEC's or FINRA's oversight should know that assuming you went through even the most basic of compliance training.


That info was posted on yahoo finance. Dear Lord try again.
You got yourself in a bind here by saying you talk to a board member but then say you don't know anyone there.

Your credibility here is now in question. And like T Chaney said I would take this to the B&I board.


Completely false. I talk with members on boards from dozens of companies. I have zero inside information on ABML. The rumor of someone joining the board is on public forums like this one.
Ok. But, objectively, saying you talk to a board member and then saying you don't know anyone there is obviously a contradiction. That's on you for saying it that way regardless of inside information or not.
HoustonAggie37713
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YouBet said:

HoustonAggie37713 said:

YouBet said:

HoustonAggie37713 said:

jh0400 said:

Your knowledge of pending changes to board composition in this case is non-public and is likely material. Anyone who has any type of role in a company that falls under either the SEC's or FINRA's oversight should know that assuming you went through even the most basic of compliance training.


That info was posted on yahoo finance. Dear Lord try again.
You got yourself in a bind here by saying you talk to a board member but then say you don't know anyone there.

Your credibility here is now in question. And like T Chaney said I would take this to the B&I board.


Completely false. I talk with members on boards from dozens of companies. I have zero inside information on ABML. The rumor of someone joining the board is on public forums like this one.
Ok. But, objectively, saying you talk to a board member and then saying you don't know anyone there is obviously a contradiction. That's on you for saying it that way regardless of inside information or not.


I know a board member. He has told me literally nothing but public information. Some of it sounds fishy. I didn't buy in when it was $.02. I waited until $.42. I'm holding long based on what I see (govt contract, lithium demand, access to Tesla's plant, talented employees, etc).


HoustonAggie37713
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https://www.bloomberg.com/news/articles/2021-02-03/office-glut-comes-to-texas-with-oil-bust-leaving-towers-empty?sref=LKs265dO

As a follow up this article backs up the op. This is effecting you directly if you live in Texas.


"Houston unfortunately has been hit by a double Black Swan event," said Russell Ingrum, senior partner of the Texas capital markets group at CBRE Group Inc. It's "not only Covid, but what happened with the price of oil."

The fourth-largest U.S. city is in the midst of a yearslong shift after back-to-back oil busts wiped out tens of thousands of jobs and pushed scores of companies into bankruptcy. On Tuesday, giant Exxon Mobil Corp. -- which houses the core of its North American workforce in the Houston suburb of Spring -- reported its first annual loss in at least 40 years. President Joe Biden is pushing policies to combat climate change that may further dim the outlook for oil, while Wall Street investing titans such as BlackRock Inc.'s Larry Fink are demanding companies cut carbon emissions or face exclusion from some fund portfolios.
 
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