There are funds of all sorts. Basically you give them your money, and they invest it. They are obligated to buy and sell shares depending on whether people are putting money into these funds or taking money out. If lot of people have taken money out or a lot of money has been taken out in general. The FUND has to sell shares to pay these people. Regardless of the price of the shares. Of course they have lots of shares in many different companies. So the fund chooses which one they sell. That's why at times against all logic , SP of a company goes down. It's like Russian roulette of sorts. These funds also do 're balances' a few times a year , where they sell and buy a lot of shares within the fund. That is what I call the educated guess part. Ie suppose to be their knowledge at work.
WGX Price at posting:
75.0¢ Sentiment: Hold Disclosure: Held
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