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Biotech / Medical : Biotech Valuation
CRSP 58.28+5.7%2:38 PM EST
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To: Icebrg who wrote (15176)1/9/2005 12:05:43 PM
From: Arthur Radley   of 52153
 
Erik,
There is after hours trading...4:00 P.M. - 6:35 P.M. (Eastern Time). From the current edition of Barron's, they indicate that 109,400 shares traded during this period on Friday and the stock dropped to $8.34, for a drop of .31 cents or 3.6%. Due to the wide spread offered by M.M.'s(due to the fact they have to offer a current bid/ask during this period) in A-H trading it is common to see a stock trade up or down by this amount. However, to see for a stock like CTIC to trade over 100,000 shares, isn't the norm.
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