In my opinion, traders are careful not to dump in pre-market, hoping to unload incrementally after the opening bell. But once regular trading begins, I think they'll be a rush to sell. Regarding those few $9.65 trades this morning, I'm pretty sure they're leftover trades from yesterday's regular session that didn't get logged.
Anyone notice that Jeeves Solution signed four new deals in Q1, but they're losing customers. Total clients at the end of Q1 was 37, versus 39 at the end of Q4.
They $3 million they're planning to spend on advertising is small potatoes and probably won't generate much results. In comparison, it is estimated that Jeeves spent $5 million in 2001, down from $20 million in 2000.