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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: cardcounter who started this subject2/1/2001 9:49:45 AM
From: Ally  Read Replies (2) of 15615
 
I saw a strange (at least to me) occurance yesterday on GX stock. At 1.24 pm GX was trading at $23.23. The next trade was at 1.30 pm and it was at $22.60 !!

What could possibly happen here to cause the sudden 63 cents gap down? Would this be the specialist taking an opportunity to push the stock price down? Is such an occurance usual?

Comments anyone?
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