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Re: momentum74 post# 17

Monday, 06/28/2010 12:57:49 PM

Monday, June 28, 2010 12:57:49 PM

Post# of 182
That is FALSE! As any knowledgeable investor knows, the NYSE closing transaction often hits the tape a minute or so after 4pm.

In this case there was a market imbalance at the close (this was public knowledge, once again to knowledgeable investors) and the closing price on the market at close orders on the NYSE, NOT AFTER HOURS was 71 cents PERIOD. As if often does, this trade it hit the tape a minute after 4pm.

FBP closed at 71 on the exchange and all reputable quoting and charting services are using that closing price, 71

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