Sorry if this is a repeat on the board, I haven't had time to check the posts, but here's what happened with the NYSE quotes yesterday:
Thanks. I could have lost some shares if stops were in place! Other stocks were AOB closed at $5.35 but reflected $5 and CHK.
This morning some low TIE trades in the $71 range I guess was short covering or someone lost their shares.
That was my understanding too, because Ameritrade always shows the last trade, and not the after-hour trading changes.
I thought trades made in AH only affected the opening prices for the following day, not the closing prices before the trading day closed.
The 8500 block a big kid trying to set the tone for a recovery tomorrow at +0.50, and then an individual investor interpreting it as the start of a big run and willing to pay a +1.5 premium. Strange way to trade AHs- look for big trades, and speculate on the total run up for the following day.
BTW - the ATI spike didn't hold up. Subsequent trades were at today's closing price.
If a single large trade caused it to go up at the end of the day then it may not hold. This higher price is not in line with the expectations that traders had immediately before the event. I'm sure enough people will figure out that a 20k buy order caused it to spike because there wasn't enough sell orders at the lower ask price at that time.