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?
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.