Imagine your a brokerage on the edge. What do you do? Do you make an after hours trade of 11,300 shares of SLW at $14.1712, when the stock was just trading at $13.80 - 14.40 all day? That seems like a market manipulator, doesn't it? What's with the $14.1712? Do individual's really put in buy targets like that? Who would sell 11,300 for that when you could have gotten $14.40 plus during "normal trading" hours.
Hmmm, derivatives starting to unwind, U.K. finance reports 5,000 billion may have to be taken on balance sheet, they're telling us sales were up? Wall street rallies, the dollar drops like a stone, what could be next? If it is $13 and change, I'd say somebody is yankin' our chains here folks.
The actual trade and price for the trade may have been a pre-arranged institution to institution deal. The agreement on the price being made earlier than the actual trade. After hours pre-arranged trades are a common ocurrence.
You know, this type of nonsense wouldn't work if people did their own research and stock modeling. I used to post my stock model for a small stock I held last year, and the paid "bashers" would go nuts! It doubled in value, as I predicted. I'm on this stock now, which should speak volumes. I'm waiting for the bashers. The last three deals and Pensaquito in Q4 makes it pretty tough to say that by 2009, we won't see a double from here.