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BIOChecker4

02/09/23 11:51 AM

#402440 RE: georgejjl #402438

Yes, and they’re all index funds. When index funds increase their holdings, the stock becomes less liquid, which increases volatility.

We don’t need more index fund holdings. We need biotech funds buying in. Sadly, we have none.

TYFNP!
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FitzyP33

02/09/23 12:25 PM

#402449 RE: georgejjl #402438

All shareholders through index funds and ETFs. Google State Street. The first line of the results says ETFs.
These companies are not buying because they analyzed Anavex and decided to buy. These companies have to buy (or sell) Anavex and other biotechs to include at the proper weighting in the funds. This idea is not debatable or controversial except for those who can't handle the truth.
This has been explained many times across may boards and WGT crowd either doesn't understand how these firms work or doesn't want to know the truth.