Post by
Stratocheif on Aug 24, 2019 5:33pm
Not a good sign
In these situations i always keep an eye on the pros to see what they do. Oaktree Capital owned 18 million shares last year. They sold their last 3 million just a few weeks ago i think and are out. Not encouraging that they didnt see a good chance of a turnaround
Comment by
An1588er on Aug 25, 2019 9:24am
Yes, Oaktree may have sold their position, however Polar Asset Management and Loomis Sayles increased their position. Keep in mind Oaktree bought a few years ago at much higher prices. They have been selling for awhile.