Friday, June 27, 2014 4:13:31 PM
Not sure I like what appears like an obvious paint job at 1609 being used last trade, the close had been .0163 until 1600, then at 1601 a 2060,000 share trade hit @ .0149, then 8 minutes after that a 260k order hit again at .016.
.0163 = 1600 close
.0149 = 1601 2,060,000 after close (likely dilution imo)
.0160 = 1609 260,000 a paint job to make the charts look better
Usually after market closed ( when there is no after market service) trades spell dilution and for the life of me I can't figure why a 1609 trade served as a close for a stock which does not trade after hours.
That is what drives the charts nuts - just manipulation jmho
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