Track record???!!!??? Your last article trashed SOLY on May 16 said it was a PR hype machine/ that it was worth $6. Yesterday they got approval and more than doubled to $14.Today its up another $9 to $23. Thats your track record.We saw all the puts and new this article was coming. You made one huge miscalculation - the quality of the HRS meeting with top ablation specialists and the fact that BSGM made the May 10th Russell 2000 rank day and will be in the Russell 2000. REALLY BAD TIMING for this hit piece
Per the Barron's article this week "" biggest individual stock moves will probably come from thinly traded small-caps that just made the market-cap cutoff"
Believe Cantor told clients BSGM & others made RUSSELL 2000 on May 10th “Rank Day” should be known publicly June 7 next week....
Most entries into RUSSELL 2000 have a very positive net effect of large buys into RUSSELL 2000 related ETFs and funds that mirror RUSSELL less the ETF sales for micro/Smaller indices they are coming out of. For BSGM however since it was moved to NASDAQ after last June they are not in snag of the smaller indices so there would be no netting just adds into the Russell 2000 ETFs, funds etc
The 2019 Russell US Index reconstitution calendar is as follows:
o May 10 – “rank day” – Russell US Index membership eligibility for 2019 reconstitution determined from constituent market capitalization at market close.
o June 7 – preliminary US index add & delete lists posted to the FTSE Russell website after 6PM US eastern time.
o June 14 & 21 – US index add & delete lists (reflecting any updates) posted to the FTSE Russell website after 6PM US eastern time.
o June 28 – Russell Reconstitution is final after the close of the US equity markets.
o July 1 – equity markets open with the newly reconstituted Russell US Indexes.