Wednesday, April 30, 2008 10:40:09 AM
You see this occur often when a company announces good news during non-trading hours. When the market opens the stock will gap up, meaning that there is an area of price movement that has occurred where no stock has traded (providing there was no pre-market activity). Those gaps can occur as a result of buyer demand driving the price of the stock up with little to no acutal buying of shares occurring.
Hope that helps.
Rich
Unless otherwise stated, any and all information I post is my opinion which is subject to change. I accept no responsibility for anyone who chooses to take any action based upon anything I post.
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