This was in the AFR on 17 November 2015. Expert opinion - hmm...

This was in the AFR on 17 November 2015. Expert opinion - hmm ... makes you wonder The last sentence shows the "wisdom" of brokers and fund managers

Anyway - absolutely my last post for the weekend - life is about balance. Off to do something enjoyable.

"Slater & Gordon, one of the worst-performing stocks in the sharemarket in 2015, looks set to be evicted from the key market index when index provider Standard & Poor's hands down its quarterly review in the first week of December.

Macquarie Wealth Management says the stock is destined to fall back into the small-cap space, along with Navitas, although both stocks are in the top 100 index.

Both stocks have fallen below the cut-off level required to stay in the top flight, the broker has told clients.

Stocks typically decline if they are excluded from important indices because fund managers are no longer required to hold them in their portfolios, but if investors want to profit by selling Slater & Gordon shares they might have to wait.

The stock has risen from its low of $2.57 in 2015, reached in September, to about $2.95 on Tuesday.
It is still down 50 per cent in 2015 but the latest rally has raised a few eyebrows, with some traders speculating that a few small-cap managers who know the stock are buying it knowing it will be back on their radar, or index, in December."