After-Hours Trading: Another Market Anomaly

Article removed at author's request.

Comments

[kgeechee]

I have noticed that odd up/down and down/up equality for some stocks, but not very many. I asked my broker and he said "duh."
Typical. Who can look into this issue for honest investors.

My opinion is that many of the problems that accounts for the recent market collapse were plain old dishonest practices allowed by people who should have known better. Our problems are that MANY and MOST of the leaders of America over the past 20 years and more were just plain CROOKS. Audited books mean nothing anymore. The Rich are not satisfied with $Millions$; they want $MegaMillions$.

Really, have you ever met a person so smart that he or she was worth a salary of $100,000,000 plus a really big bonus? I have not. How much did Einstein make off "Relativity"? Mother Teresa? Jonas Salk?

Greedy People.

Hang 'Em High
and
Feed their Bones to the Buzzards!

2009 Aug 29 07:57 PM

[Dividend Inc]

Thanks Andy,

I have been tracking this pre/post market activity for several days in the month of August. I set up a special section on the right-hand column of the blog that documents these trades.

What is most fascinating is the fact that the tiny premarket volume has been the deciding factor for the change in the stock price during the regular hours. This despite the fact that the volume during regular hours is 10 to 13 times the pre-market volume.

I will continue to document these trades to show that institutions are gaming the system at the expense of killing the very goose that lays golden eggs. The institutions don't think so now but it will happen, unfortunately.

2009 Aug 29 08:58 PM