re: Ann: DXS: SandP Indices Announces June Qu... Na - this is the traders and those who were wanting to buy at a lower price and have found themselved cought out after the S&P regrading. (Count me in the latter group - purchased most of my order this morning at 3.44/45c.)
The institutions with index based funds will start buying from tomorrow to rebalance their portfolios to reflect the index rebalance. (But the price is now relativey high compared to recent trading ranges, so sellers may come out of the woodwork, moderating any institutional buying. It will be interesting to see.)
Ann: SandP Indices Announces June Quarterly Rebal, page-3
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$1.38 |
Change
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Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.41 | $1.37 | $171.9K | 123.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33732 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 20000 | 1 |
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