RE:RE:RE:Great opportunity to buy and hold! Could you explain the balancing and fund need to buy shares? WHY?
vonSachsenanhal wrote: Hey Club,
This run up is based on supply and demand right now.
Bomber is still buying its own shares and index funds have to buy 77 million shares to make sure they mirror the TSX Index Sept 17.... although they may have some leeway to do their balancing after that date.
Longs are less likely to sell with the share price increasing by the day.