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Notuncoolish

04/21/09 4:14 PM

#35261 RE: jessme #35259

Sometimes i think, no there are no games beingplayed just a market with lots of funkythings that can happen.

Then when you see somehting like this at the close today, just makes you wonder what the game is. Missed hitting the tape by 2 seconds. I am sure this will not be the last of the tape painting.

Any theories as to why this would have been placed right at the close?
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keep_trying

04/21/09 4:26 PM

#35264 RE: jessme #35259

Jess, the bid and ask at the time of the form T trade was $0.30 and $0.50 respectively. Active trading had stopped and the after hour trading bracket was in place. I don't see luck as being at issue. Market makers would have had to "leave the door open" by pulling their bids before normal trading for the day had ceased in order for the close to have been dropped to $0.30.

Best wishes and IMO.
KT
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lafont

04/21/09 4:45 PM

#35266 RE: jessme #35259


We got lucky?

Tell me how a $75 transaction would have affected anyone's life beyond whoever might have been a party to the transaction.

Please tell me. I'm dying to know. What material effect would there be???





"Form T. 250 shares at .30 at 16:00:02. We got lucky."