They hid in the wrong stocks. They hid in the drug stocks. They hid in the medical stocks. It's where you are supposed to go in a slowdown. And they betrayed the hiders. I am talking about the big mutual funds and hedge funds that rushed into the big drug stocks like Lilly , Merck , Bristol-Myers , Pfizer , Glaxo , Johnson & Johnson , Sanofi and Novartis , and they hid in biotech like Amgen and Celgene . They figured people still had to take drugs, right? And they got betrayed twice.
It's from an article by Jim Cramer (yeah, that guy). I couldn't see the whole article because it's at a subscriber site of TheStreet, but I'm pretty sure this is the first paragraph. And the editing alone is enough to make me not want to subscribe. From what I can tell, the first three "theys" refer to mutual funds. But in sentence six, with no explanation, "they" appears to pair up with a different antecedent as "mutual funds" shed their "they" nickname to become "the hiders."
If I can't trust 'em with pronouns, I'm sure as hell not going to trust 'em with my money?