FCA Rana Pratap’s Post

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Managing Partner at PRGK and Associates

Veteran investor and founder of Helios Capital, Samir Arora commented on the inexplicable enthusiasm of fund managers to buy shares that are witnessing heavy selling by promoters or major shareholders. Arora, in a post on the X platform (formerly Twitter), wrote that he has never seen this attitude before in his three decades as a fund manager. He wrote, "In my 30 yrs as a Fund Managers, I have never seen fund mgrs/investors get so excited when management/promoters/major shareholders (PE funds etc.) are selling big blocks." In a response to a comment, Arora wrote that this wasn't a phenomenon in one particular stock but across many stocks. In a sarcastic tone, Arora added what he thinks the fund managers' thinking might be: "Fund mgr: ohhhh, big block is coming. Let me quickly put in a big bid before they decide to sell even more. Good things must be about to happen otherwise why would they sell. Also it is our collective duty to get the selling shareholders a good exit price." https://lnkd.in/dxRkb6RH

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