Russell coming up in a couple of months
I wonder if the Russell has crumbled enough for a TIV PPS of around a buck to keep it in? Wouldn't think so. That's going to be a chunk of shares selling before too long. Of course, some shorts will use that action to buy shares to cover and go ahead and lock in their gains.
Last year: The 2008 reconstitution of the Russell Indexes took place after the market close on June 27, 2008.
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Key Dates in 2008
"On the last trading day in May ( this year May 30 ,2008 ), all eligible securities globally are ranked by their total market capitalization."
June 13 Preliminary additions and deletions to the Russell Global Index and the Russell 3000® published
June 20 Updates to the list of additions and deletions
June 27 Updates to the list of additions and deletions
June 27 Reconstitution final after the close of the U.S. markets
June 30 Final membership lists posted for the Russell Global Index, Russell 3000®, Russell 1000®,
Russell 2000®, Russell Midcap® and the Russell Microcap® indexes
Yorkville / Cornell Tracking Board #board-9964
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