Oddly, that sorta'-crazy, "out-of-range" NASDAQ after-hours trading in Schering has started yet-again.
Very strangely, the early (16:04) trade's volume, at almost $0.22 over the NYSE close, was reversed, almost to the share, in volume, in three later trades (toward the end of the active trading, about a half-hour later), but this time, almost $0.22 lower -- at exactly the NYSE closing price; this is from last night's tape:
Time -- Price -- Volume
16:47 -- $15.89 -- 202,687
16:24 -- $15.91 -- 783,413
16:23 -- $15.89 -- 34,254
16:23 -- $15.89 -- 731
16:20 -- $15.89 -- 2,977
16:19 -- $15.89 -- 194
16:17 -- $16.1964 -- 194
16:17 -- $15.91 -- 56,601
16:16 -- $15.87 -- 56,601
16:15 -- $15.89 -- 455,900
16:11 -- $15.89 -- 16,100
16:08 -- $16.2044 -- 603
16:04 -- $16.1219 -- 795,988
16:02 -- $15.85 -- 23,300
The trades I reference are bolded, above. That's a very large number of shares (almost 2.43 million shares!), in only a few very large blocks (most of the volume was comprised of under five huge blocks).
What was going on, here -- last night, and more wildly, two nights ago? Anyone care to make some guesses?
Namaste.
2 comments:
Seems to me like someone's concerned about a perfect storm coming.
Go ahead and say hello. It’s okay.
Post a Comment