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Alphabet Inc. Message Board

  • flymanwalker flymanwalker Jun 18, 2008 5:22 PM Flag

    AH drop -- where it begin

    At 16:23 someone dropped 600 shares at 552. Until then shares were trading in the 560+ range. And then many small trades begin at the 550+ range.

    Some observations:

    #1 I wonder if the 600 share trade at $552 at 16:23 was an abnormal trade and set off a chain reaction among small investors.

    #2 If there is a large block to sell it is highly inefficient to sell it in smaller chunks like this. So a large block being dumped doesn't really make sense.

    Right now lacking any real news I am beginning to wonder if this was a stampede that was triggered due to one abnormal trade?

    Comments welcome.

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    • I believe I posted this last month, when I predicted that by May OE, that the stock would close at $580. This came from the max pain site. It's been well known and printed in the New York Times that this kind of activity goes on.

      Does Option Pain Theory Really Work?

      It has been observed over and over again that, near option expiration, option buyers suffer significant losses. According to a New York Times article, it is likely that option sellers, including firm proprietary traders, "manipulate stock prices by selling large numbers of shares whose prices they wanted to keep from rising and by buying other shares whose prices they wanted to support."

    • well there were 7 trades at that time notice the time 16:23:31.....So maybe those 5000 shares had something to do with it..Facts my friend... before you post check your Sh@@...

      06/18/08 16:23:25 560.00 558.85 560.00 100
      06/18/08 16:23:31 558.85 558.85 560.00 300
      06/18/08 16:23:31 558.75 558.85 560.00 100
      06/18/08 16:23:31 557.20 558.85 560.00 100
      06/18/08 16:23:31 553.01 558.85 560.00 500
      06/18/08 16:23:31 553.00 558.85 560.00 350
      06/18/08 16:23:31 552.00 558.85 560.00 100
      06/18/08 16:23:31 552.00 550.93 552.00 5000
      06/18/08 16:23:35 552.00 550.93 552.00 700
      06/18/08 16:23:36 552.00 552.00 560.00 800
      06/18/08 16:24:09 553.00 552.03 554.98 300
      06/18/08 16:24:16 553.14 552.14 554.88 300
      06/18/08 16:24:23 553.10 552.50 554.60 100

    • It's fairly easy if you have enough shares to execute a buy-sell at 10 points below market value after hours. This can have a short term effect on retail such that it can cap the price for a few days. About $45 million in call options are at stake, which might be the reason for the cap. Look at the max pain graph for this month.

      This unnatural cap on no news may be a buy opportunity prior to the run up for earnings next 3 weeks.

 
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