The stock may show a $5.11 close but per my LEVEL 2 and streamer it show's the last block to be a sell of 43K that closed the stock at $4.98.
That was a classic paint the tape at the close if Yahoo! shows AIRN closing at $5.11 in 14 minutes when it updates. The stock was bidding $5.06 and asking $5.07 milliseconds prior to the close. MIZ.
Hey MIZ, when are you going to listen to me?
I hope you are back in already. If you are waiting for more than you sold, you aren't going to make much money that way.
Here's a bit of advice. If it looks like it is going to head over 5, buy. Because fund managers can now trade the stock and they read investment reports. If you don't get in by 5, you have to play catch-up later.
Here's another view>>
Not sure what your looking at...MSN also shows 5.11 close>>
My Schwab site shows the same..5.11 close. After hrs is down slightly..last I looked it was 5.05-5.09. There was a HUGE spike up at the close with BIG VOLUME. Also, this was a GOOD VOLUME DAY as well.If you have a spin on this..I'd like to know!
Gotta be careful with that analysis Miz. If you watched the after hour trades , most block trades were in the $5.00+ range. The following is from "businessweek.com" and shows some of the after hour trades.
Almost all the sub $5.00 trades were in 100 share lots. This is typical for this stock as I have seen this tactic used frequently here. Someone sells a multitude of 100 share trades at below bid price to try to invoke some panic and a sell-off.
If you watch individual trades you will see this pattern from time to time. When the bias is negative for the stock it is sometimes successful in droping the price. Lately, however, this tactic has little effect, probably because the bias is positive.
03/31/05 16:06:31 5.040 5.000 5.040 1,700
03/31/05 16:04:30 5.020 5.000 5.020 1,700
03/31/05 16:04:06 5.110 5.010 5.020 1,500
03/31/05 16:02:20 4.980 4.980 4.980 1,200
03/31/05 16:01:00 5.110 4.980 5.060 64,600