There is something I do not understand with that Inflationist...

There is something I do not understand with that Inflationist article.

It states "We acquired BJT back in November.." - but the lowest BJT hit in November was high 30's. So if you bought in November you would not have made a profit if you "... sold off our holdings when speculation of BJT benefiting from its parents demise (ie no management fee) brought it up to 34c."