Ann: Hedging Transaction, page-84

Agree TM.

Not just the POG causing the head wind ATM.

BLK need to resolve production problems.

They have a cash flow challenge fast approaching and heavy debt facility.

Talk of a take over is short sighted and premature.

Too many risks here ATM.

POG down again overnight.

For all the cheer squad - there is no ramping up or down of BLK. that's managements job. ATM, there are just inconvenient truths.

As witnessed last week - if 49c support breaks, low 40's, high 30's are tested.

DYOR GLTA ATM