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XenaLives

11/15/16 10:35 AM

#80197 RE: BAR123 #80195

OK- I believe you. But this would mean that Vanguard was anticipating the June inclusion in Russell the index fund third quarter 2016?

Anyone care to elaborate?

http://etfdailynews.com/stock/AVXL/
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frrol

11/15/16 11:13 AM

#80199 RE: BAR123 #80195

Yes. Seeing a big institutional buyer like Vanguard buying does not mean it "knows" anything. These guys offer index and sector funds and must buy (and sell) shares to maintain them. It's just like the gnashing teeth over market maker activity. Market makers serve the broker/dealer (including my broker and yours), and some of them are part of a broker firm themselves. They're processing customer orders. As much as people want to confirm their world view of a manipulative villain in the market, the truth is much more simple and parochial. Markets are volatile.