None the less Blackrock are now 20 mil or 5% owners of QIN they were buying for some time over the 1.00 range then on the 10th May they bought 700K @ 70c.
These shares are worth say 350K. So now they have 20 mil shares lets say @ 1.00 That's a 20 mil investment now worth 6 mil. Don't they read the Superior US reports advising that the the shares are worth 0. Or do their noses twitch and smell a rat in the pantry.
According to BigBets we should all run for cover when glaucoma speaks. Even Blackrock didn't listen to glaucus. Maybe like us they will in the future. NOT
IMO DYOR
QIN Price at posting:
29.5¢ Sentiment: None Disclosure: Held