RE: All those "after hours" trades on Friday. Most were at ~$3.56. If memory serves me those were likely "Market at Close" purchases made by Mutual Funds. This type of order is made earlier in the day by a fund, telling the MMs they will purchase X# of shrs. at the closing price. This gives the MMs time to accumulate and the opportunity to help insure that the "closing price" is above their ave. purchase price. Back in my day "market at close" purchases were pretty standard practice by funds because Mutual Fund Shareholders can't buy or sell interday, they have to buy or sell at the closing price. I think all that volume at the close, especially "after hours" was "Market at Close" purchases by Mutual Funds from the MMs, who were given plenty of time to accumulate in anticipation of the demand.
