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Pacific Biosciences of California, Inc. Message Board

  • cjdbs cjdbs Jun 25, 2013 2:01 PM Flag

    Indexers will have to buy 300,000 shares on Friday

    Russell rebalance. Almost a full days trading voulme. PACB should pop right back up.

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    • Thanks for the info on the Russell rebalance (presuming that's accurate) but that's not the way it works to my experience. Usually when I'm in a stock and it gets added to the Russell it gets clobbered after that. And my sense suggests if they wanted to buy a bunch of shares they would hammer it so people bail at lower prices just to stop the pain. Which means, the retailers that post on yahoo have got to dump some of their shares so the folks that own the tradebots can take what they're after. And since I'm not selling my shares? That means you dummies are going to have to dump your shares before the pain stops. So, I suggest, again, you guys should sell your shares because my shares aren't for sale for a LONG TIME.

      Chow babies...
      "-)...

 
PACB
6.07+0.41(+7.24%)Oct 24 4:00 PMEDT

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