It is somewhat humorous to read at times.
Well , TIV did get in and I think it was pretty much due to the extra shares they printed between Russell Recon. Days.
Last year there were 24,609,575 shares outstanding going in to the Russell and if no more had been printed TIV's market cap. , based on their $6.50 share price on the relevant date this year , would have been $159,962,237 .... about $7MM shy of what was needed.
So who says dilution doesn't pay off! ;) The roughly 1.8MM new shares which were printed year-over-year diluted TIV shareholders by over 7% ... but it resulted in somewhere north of a million shares sliding into Russell-related funds ... and it provided an excellent and predictable opportunity for a nice swing trade ... shoot, it gave you a round trip since you played it going up and going down!
Anyway , yeah ... the R2K tanking and TIV's dilution worked out well in a weird sort of way lol
JMO
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"