Anavex Life Sciences Corp (AVXL)

[JB3729]

It looks like pros bought shares weeks ago and sold a bunch of them to index funds yesterday -

Even if you have the capability to plunge into this trade, you missed your chance. The pros were making their bets more than a month ago. That’s because May 31 is the cutoff date for how the Russell indices will be rebalanced. All bets were placed weeks ago. Indeed, historically speaking, trading on the reconstitution of the Russell 2000 earns most of its money in the middle of May, according to research from Credit Suisse.

http://investorplace.com/2013/06/too-late-to-trade-the-russell-2000-rebalance/

attilathehunt1 posted this on ymb yesterday: "Over 2M naked short sales sold by MM to index funds. This most likely puts a cap on us for some time. The same thing happen to NVIV last year. The only thing to break this trend is for fantastic news."

Any truth to this statement?

I shake my head every time I see a post that claims that the market makers are in control of a stock. They facilitate trades (fill orders) and make their profit from that.

Buyers, sellers, and shorts place orders and move the share price.