An $ASTS stock pumper named @CatSE___ApeX___ posted that Blackrock $BLK now owns 5% of $ASTS without pointing out that this is a passive investment that means $BLK has no idea what $ASTS does and could care less.
We pointed out the importance of distinguishing between active and passive investing and his (or their) response was, "Thank you for the lecture about the things everyone already knows."
Either this is pure ignorance or a malicious intent to mislead people.
Probably one of the most common mistakes made on this platform is not distinguishing between active and passive investing.
@CatSE___ApeX___ than blocked us immediately after his response, which shows that this person has a malicious intent. They do not care about helping their audience learn how to become better at investing. They only care about pumping $ASTS.
Be careful out there folks.