After Hours $91.80Change: +1.36 +1.50%Volume: 232,600 with heavy vol traded during AH and price went up $1.36, it's possible the stock might gap up tomorrow to correct today's un-explained drop. any thoughts?
Actually the bulk of the volume was a carry over from earlier trades. 2 big trades were actually below the closing price, the rest were small 100-200 shares no big deal. This stock heads lower tomorrow. Sorry.
disagree. what carry-over..? i checked for all trade sizes that were greater than 200sh, and here is an excerpt fr the tape: 19:50:54 91.80 400sh 19:59:10 91.76 400 19:51:38 91.76 200 19:49:21 91.75 200 18:27:57 91.15 200 18:08:25 90.95 400
BTW, there was no trade size greater 2000sh after 16:20
Ummm...and it dropped with little volume during the day. Cuts both ways. You're obviously missing the point. It went down on little volume. There was obviously a seller in the market who needed to get liquid and the block trades after the close must have been their final selling SINCE not much volume after that and the stock just gravitated up. The point is not the low volume the point is the fact that there was no selling pressure against the buying once the block trades were done.