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ETF provider WisdomTree (WETF) has come to a screeching halt, with shares down almost 30% over...

ETF provider WisdomTree (WETF) has come to a screeching halt, with shares down almost 30% over the past month compared to a 4% drop for small-caps. One large client yanked $700M from a few of WETF's funds recently, precipitating the drop, but otherwise the long-term growth story still seems bright.
Comments (2)
  • Michael Clark
    , contributor
    Comments (8844) | Send Message
     
    Except for a loss of 30% the long-term growth story seems bright. Except for death we're all going to be fine.
    16 Oct 2011, 08:39 AM Reply Like
  • Ted Bear
    , contributor
    Comments (606) | Send Message
     
    When i spoke of the unraveling of this industry and the encumbent unknowns, a couple weeks back, i was told that the products work fine.

     

    Yes, they do.

     

    Until they don't work at all.

     

    Then what???

     

    Anything that Stenihardt was ever involved with had one objective, at the expense of anyone who dared come near: Make money...lots of it...for Michael.

     

    Enuf said about Wisdom Tree.
    16 Oct 2011, 01:26 PM Reply Like
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