We saw investors start to dump
illiquid small capitalization stocks using an order process that may be summarized as «Just get me out of this stock!»
Not exact matches
Focus on those investments that are in effect too
small and extraordinarily
illiquid in market
capitalization for the big firms (or sovereign wealth funds) to invest in and distort the prices, both coming and going.
If we demonstrate it using
illiquid micro-caps then we've demonstrated that low liquidity and
small capitalization stocks outperform, which everyone already knows, but we've shown nothing about our quantitative value metrics.