RE: Steven Savilles' take on Friday's smack down This happens every third friday every THREE months......it happens every every every three months.....its called rebalancing and thats the way it goes..... good thing is house 123 (Citigroup) bought a huge block from someone....
they just call different insitiuations and ask them if they want to buy 250K or so cause the indicies (TSX ones) need to sell it.....so they agree on a price (just like a IPO) market decides where its going to buy it.....
very simple......been happening for many many years....no big deal....
all u gotta worry bout is voting NO for those three directors and we r good!.....slow climb back this year