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Bullboard - Stock Discussion Forum L&L Energy, Inc. LLEN

"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

OTCPK:LLEN - Post Discussion

L&L Energy, Inc. > Russell indexes
View:
Post by brotherM1 on Jun 15, 2013 3:13am

Russell indexes

"Reconstitution occurs on the last Friday in June. However, at times this date is too proximal to exchange closures and abbreviated exchange trading schedules when market liquidity is exceptionally low. In order to ensure proper liquidity in the markets, when the last Friday in June falls on the 29th or 30th, reconstitution will occur on the preceding Friday. A full calendar for reconstitution is made available each spring."      Given this last sentence from the Russell site, I think the Bomber is smarter than we thought. :)
Comment by brotherM1 on Jun 15, 2013 3:30am
"Q: What's the basic process? A: On the last trading day in May (this year May 31), all eligible securities globally are ranked by their total "market capitalization. Companies whose stocks are listed on eligible stock exchanges in eligible countries and who pass minimum liquidity and other investability rules are considered for inclusion in the indexes. Beginning on June 14 ...more  
Comment by lutherpstr on Jun 15, 2013 10:00am
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