The replacement for BLS was going to be CBG, but that was in November, and S&P already added CB Rishard Ellis.
I guess no one. That they'll go with 498 stocks for a few days.
The only release they show on or since Friday is this.
www2.standardandpoors.com
New York, NY, December 29, 2006 – Concur Technologies, Inc. (NASD:CNQR) will replace Aztar Corp. (NYSE:AZR) in the S&P SmallCap 600 index after the close of trading on Wednesday, January 3, 2007.
on the 1% to sell:
Although we "play" with $100, the 1% is probably low for real transactions and I recall Peter Lynch writing that the real costs of bid/asked spreads and other costs can easily be more like 5%.
We allow a sale at the closing price, not the closing bid price. Sometimes, for size, a seller has to accept less on average than the initial bid price. And in this game some picks are under $5 or even under $1. Those spreads can be 5%.
But, I would like to allow GTC orders to sell at a price and they only get executed if the price gets hit. Since we can sell any day, why limit those to sell on close?
That's more like how the real world is. |
