'Why it Matters:
The Russell 2000 index is one of the most widely used benchmarks for small-cap stocks because it is much broader than other indices. However, it is important to note that the index excludes micro-cap and other very small stocks. Russell 2000 companies are still relatively small, however, and this makes the index volatile.
Many investors compare mutual fund performance with the Russell 2000 index because it reflects the return opportunity presented by the entire market rather than opportunities offered by narrower indices, which may contain bias or more stock-specific risk that distort a fund manager’s performance. Many mutual funds and ETFs are tied to or based on the Russell 2000.'
From article just posted:
"The team at FW develops best of breed solutions for enterprises," said Alex Mashinsky, CEO of Novatel Wireless. "The release of Crossroads only validates our M&A strategy to add the best of the best to our solutions portfolio."
'I've been down so long it looks like up to me....'
Early 80s did Puerto Rico to Venezuela (crew) on a 38 ft double ender with a tiller. Grenadines were heaven. Just did a sail in The BVIs and, man, what has happened? Who has accumulated all that money???
SWIR needs to quadruple so I can afford a tender.....
My assumption from comments made months earlier by the more 'astute' on this thread was that SWIR would not want to be bought out due to the growth possibilities. However, a mega yacht moored outside of Virgin Gorda might be a motivator...........