Replies to post #4792 on Tri-Valley Corp (fka TVLYQ)

[jonesieatl]

Russell tidbits for 2009:

http://www.russell.com/indexes/documents/Methodology.pdf

Minimum closing price

Stocks must have a close price at or above $1.00 (on their primary exchange) on the last trading day in May to
be considered eligible for inclusion. In order to reduce unnecessary turnover, if an existing member's closing price is less than $1.00 on the last day of may, it will be considered eligible if the average of the daily closing prices (from their primary exchange) during the month of May is equal to or greater than $1.00. Nonetheless, a stock's close price (on its primary exchange) on the last trading day in May will be used to calculate market capitalization and index membership. Quarterly IPO additions must have a close price at or above $1.00 on the last day of their eligibility period in order to qualify for index inclusion.

Primary exchange pricing

If a stock, new or existing, does not have a close price at or above $1.00 (on its primary exchange) on the last trading day in May, but does have a close price at or above $1.00 on another major U.S. exchange, the stock will be eligible for inclusion but the lowest price from a non-primary exchange will be used to calculate market capitalization and index membership.

Minimum total market capitalization

Companies with a total market capitalization less than $30 Million are not eligible for the Russell Indexes.