Anybody know how this index re-balancing works. Sgen volume was huge today as you know. But, the late trading volume didn't bump the pps. How long do the indexes have to add sgen to the Russell, anybody know? Was that it or could more buying for the index funds be coming. Fwiw, I had a 9.50 buy in most of the afternoon and it was filled at the close. That surprised me. I'm not a sophisticated investor and don't know much about this index stuff. TIA
I have to admit that I'm confused too. I'm not sure if all the buying and selling after hours is good or bad. I own this stock because they have some interesting drugs in the pipeline and the data shows that they are active for treating some types of tumors.
Are the "big boys" playing a game and making money while the little guy has to wait on the sidelines?