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Msg  154 of 160  at  6/24/2020 6:06:53 PM  by

shallow_explorer


 In response to msg 152 by  ICE
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Re: Drip...drip...drip

Actually FRO is not added until the end of the month. Same time that TNK is taken out of the index. Russell rebalances once a year on the last trading day of June. Now, guess which tanker stock has out performed over the last month, while TNK underperformed? Yep, FRO, as people front run the Russell change. Therefore on late Friday or early Monday I am selling my FRO and buying TNK.


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