Not for a moment did I ever entertain the word ReBalancing: ILLOGICAL as I expressed (CATACLYSMIC devastation of Mkt Cap and PPS to the point of not even being retained in the lowest tier of Russell three indices: Small MICRO-CAP.
And YES when I did get a chance during the early wee hours to actually pay full, undivided attention to every pdf on Russell's own website, did I confirm not surprisingly that NWBO has been REMOVED from ALL 3 of Russell Indices.So those institutions that have a index fund for simulating Russell Indices SOLD!: NO Buying, let alone retention.
Clearly I forgot about Russell event during this time of year.
But it did not impact or change my outstanding hunch worth repeating: I would not put it past the intelligent astuteness of Short Hedge Funds deployment of High Frequency trading mechanisms to converge with the Russell mid year event to be able to COVER! and even possibly go LONG! No one here likes to hear this but at this moment in time, that is my operating premise. PERHAPS without any public acknowledgement there is a growing realization by the Manipulating HF's that NWBO will survive as there has been NO Regulatory Pronouncements for this LONG EXPANSE of TIME and clearly the Manipulators are aware of LP's tenacity, clear lack of opacity and her demonstrated resourcefulness. This has been my THEORY!
The numbers are just the backdrop.
For me, the only plausible logic for what has transpired ALL of last week:
1. Last Monday: Larry Smith issues his update a week after the Scientific Advisory Board Press Release. Larry clearly comments on his over the top experience with the Manipulators mouthpiece: AFraudstein
2. PRE Mkt Thur: AFraudstein retort hit piece: WHY TWO FULL DAYS to issue?? to take advantage of what HF clearly knew and the public knew weeks before?(for those that scrutinize only) that NWBO would be delisted from ALL three of Russell Indices. With AF's piece could NOT break NWBO: so maybe HF's used it to COVER what they could with astute algorithmic buying to cover?? (SOMEONE should post those SHO lists? with their own commentary: a bit foggy for me since I've been away) OR deep pocketing buying?? OR a combination of both??
3.Soro's Black Friday prediction takes place! just under a Mln shares trade during the mkt. AH ~4.5 mln shs courtesy of Russell event.
4.Next week: Have NOT explored the link which kabunushi provided indicating remains of Russell event to be completed?
Never hurts to keep an open and flexible mind to adapt to fast changing developments and perhaps add to it vs being trapped in a box. This is a specialized area requiring the experiences of a Maven! as we are dealing also with the controversial subject of short covering where HF trading may be deployed for a broker/dealers PRIME ACCTS: Hedge Funds... exactly why Dark Pools began to both eliminate customer identity and MATCH institutional buyers and sellers..... to the extreme of Naked Shorting!
Don't think any of us, with maybe the possible known exception of TCTrader with his Bloomberg Terminal; "institutional trading desk like environment" could really give the proper illumination WITH EXPERIENCE to this "esoteric realm of circumstances". We may have to wait till he gets back in the office and if his time allows in this BREXIT AFTERMATH to respond.
Note: In the interest of avoiding repetition and conserve allotted 15 posts daily this should serve as a comprehensive reply to received posts today from kabunushi, john1045, duderda.
AI
