Friday, August 10, 2007 9:41:23 AM
Why did Barclays hold on to 2.48 million shares since now out of Russell? Why weren't all shares sold?
"You do realize that the ONLY reason Barclays ever owned PPHM is because it was part of the russell, right? Barclays doen't even know nor care what PPHM does. They run INDEX funds that buy all stocks in a certain index. When stocks are removed from that index they SELL. That is what you saw with Barclays. Please, some of you really scare me sometimes! Did you really not know that?"
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