vti on freefall, page-28

While not downplaying relevance of contracts, revenue and profit, the points made in this email chain clearly support my claim that the share price is (largely) independent of revenue. Fidelity dumping has nothing to do with contracts; it has everything to do with portfolio management which in their case is based on price points on all stock across their portfolio. No one here seriously believes that Fidelity have a little guy sitting in an office checking VTI's contract status. While this may be a hot topic on this board, it has little to do with price. In fact, there have been and continue to be "contracts" (e.g., Portugal, Rotterdam, etc.). My point remains that no matter how many or how large, for now the sharke will not be satisfied. Other drivers push this baby up and down. Long term is a different story all together.