blackrock sells down more

Big notice this morning, the biggest holder of NCM and the biggest fund manager in the world has been selling not increasing or accumulating at "bargain" prices..........lost the top spot for all this time now...an examination of the notice shows a lot of the blackrock funds reducing their positions.....I wonder if they did the same last night, as Gold major gold stocks across the globe got a belting as soon as Gold failed at 1360 after such a short sharp pop in the last three weeks.....

have to see if there are more redemptions across gold stocks worldwide as this race for yield continues, a game NCM cant play as it offers no support from future divs...and has a possible cap raising question over its head

time will tell,,thought it was interesting, no doubt will be completely ignored by most, blackrock has been selling to the punters imo

wonder what the smaller hedge funds playing in the space will now do?

trade safe, looks like another positive day on market