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T. Rowe Price New Era Message Board

  • pdxspace pdxspace Sep 10, 2008 4:21 PM Flag

    TRP managers should be *SHOT!!!

    for not selling shares of oil stocks as this fund has lost $23 per share from the July peaks!

    Same goes for PRLAX, another oil rich fund.

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    • TRP managers must abide by their fund prospectus and remain invested in accordance with those rules. What would have happened to the individual stock prices if TRP managers had dumped their shares in any given oil company.
      Mutual fund managers have limits on what they can do when it comes to dumping shares because they hold such large quanties of shares in a given company.

      Regards,

      Al

    • TRP Will be the next bankrupted company at this rate. All their funds have crashed. I have been in their "top ten" funds and they have all crashed over the last couple years... I am pulling what's left of what i invested out of this company. I would have been better off using my money to build a campfire at least then I would have gotten a little warmth from it while it was burning!!!!!

 
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