Post by
slipperyslope2 on Dec 16, 2021 2:10pm
Every day..............
this stock just goes limp in the afternoon.
Is it just the natural gas outlook or is it being held down on purpose because this is being added to the index on Monday. Fund managers will have to buy and what better time to buy when the price is depressed (artificially at that).
Comment by
hemi3tc on Dec 16, 2021 11:28pm
Billion $$$ funds are a bit more sophisticated than that. They have what is called a Trading desk that buy and sell stocks. They probably got news of the index inclusion ahead of any retail buyers who think they can front run the funds. Or they could already hold it in their funds and could just trsnsfer to the index funds as needed.