You are right Dumas. NAOS client funds own CGA. Despite holding in CGA, NAOS fund performance much more respectable than CGA's. So no real problems there ........ yet.
The real powers that back George BooBoo with their money and rep, they must be just a tiny bit worried here and now. Things have not gone according to the grand plan presented by BooBoo. Far from it. They will, at least be mulling Plan Bs and Cs. No doubt they are drinking mates with BooBoo. But everyone likes a winner. And no one likes to lose real $ and hard earned rep. And they must be dreading another potential cash call. BooBoo has least $ to lose. Most of his shares in CGA were not bought with $.
CGA Price at posting:
90.0¢ Sentiment: None Disclosure: Not Held