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it's 3rd Quarter end for asset managers - Printable Version

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it's 3rd Quarter end for asset managers - jft310 - 09-27-2012

Asset managers get paid on total assets under management at the end if the quarter. The quarter ends this Friday so there is strong motivation to beat the $ 69.70 price for longs and shorts.from the June quarter end. They want to get paid both of them.expect some news Thursday or Friday to boast the stock price.