Q: The following is a comment you made earlier. I am wondering if this pertains to the stock ET or the etf.
Any way, I am also interested in acquiring ET, and if this is the case, what would you consider an appropriate stink bid, and should this be put in place thanks
Thanks for your usual good service
"However, sometimes the price will go down during the day, and not all ETF managers utilize market at close trading. Thus, putting in a stink bid on a stock can sometimes get you a good fill. We always find this trading interesting, because it is a time when fundamentals do not matter. Index players simply trade because of the index, meaning good companies can trade more cheaply on occasion without any change in their prospects. "
Any way, I am also interested in acquiring ET, and if this is the case, what would you consider an appropriate stink bid, and should this be put in place thanks
Thanks for your usual good service
"However, sometimes the price will go down during the day, and not all ETF managers utilize market at close trading. Thus, putting in a stink bid on a stock can sometimes get you a good fill. We always find this trading interesting, because it is a time when fundamentals do not matter. Index players simply trade because of the index, meaning good companies can trade more cheaply on occasion without any change in their prospects. "