May. 13 at 1:49 AM
The price here was run up through April, to push
$QUIK back into the R3000 index.
April 30, 2026 was the Russell Index Market Cap freeze date.
QUIK closed at
$15.97 on that date, with a market cap around
$273M.
Next, these Yahoos and pumpers are going to tell you that we will only find out at the end of June whether QUIK made it in.
BUT, it is already known, because all 3,000 stocks had their market caps frozen and ranked on that date.
It is trivial to also rank the market caps, and see where the lines are, long before Russell actually announces it.
They are already back into the index, and the big players know it.
However, the Russell Index funds now have to buy shares at these inflated prices.
After April, they pushed it up further into earnings, so they can sell highly inflated shares to the Index funds, and then short the stock back down.
This play happens twice a year now, so it is well known
The chart below is QUIK's trading range back in 2023.
