Uranerz Energy Corporation (URZ)

[hardcore holly]

Uranerz being delisted from Russell Index. explains all the selling.

Uranerz Energy Corporation has been identified as a potential deletion from the Russell family of indexes on the preliminary list of deletions issued June 11, 2010. The 2010 reconstitution of the Russell Indexes will take place after the market closes on June 25, 2010. Uranerz was included in the Russell family of indexes last year, including the Russell 3000(r) Index, the Russell 2000(r) Index, the Russell Microcap(r) Index, and the Russell Global Index.

Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the appropriate Russell indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings. Deletion of Uranerz Energy Corporation from the Russell indexes may cause certain funds indexed to the Russell indexes to sell their Uranerz shareholdings. More information about the preliminary list of additions and deletions can be found at: http://www.russell.com/indexes/membership/reconstitution/default.asp.

Funds are being forced to liquidate.