TMSR end-of-day price quote has been saved!! Whew, that was close!!
This was too funny not to comment on. At 3:41, TMSR was at 22, down 2 1/8, on volume of 33800. Bid 21 7/8, ask 22 1/4 (approx; I forget the precise ask). Ouch, what a bad-looking close that would be, down over two dollars on the day! What would the momentum traders think???
Suddenly, the ask balloons 'way up to 22 7/8, and lo and behold:
At 3:57, the closing price has vastly improved to 22 7/8, as a 100 share block traded at the ask. Closing bid 22 3/4, ask 22 7/8. Yup, better tighten that up now that those 100 share blocks are showing up every fifteen minutes!
So a very ugly-looking close was averted at the last second... whew!
LOL,
-- Pete |
