<<That price of 6.75 is at 4:15PM. The last trade at 5:25PM is $11.75.>>
Those 11 3/4, 11 prints are late and irregular prints, just like the 5 1/2 late print someone mentioned in the prior day.
The last prints on INCA are in the 6 13/16 to 7 area. A glance at ISLD and TNTO confirm similar afterhour prints.
Most of the internet sites, STOCKWINNERS.COM included, that contain afterhour trading activities DO NOT tell you whether they are late or irregular prints. It's far more prudent to look at the order books in INCA, ISLD and TNTO.
As well, afterhour trading activities on Friday are usually insignificant, as someone else pointed out in earlier posts. The pre-market trades, especially those take place from 9:15 to 9:30, are far more indicative.
Moreover, I have noticed that some mms have been playing crazy tricks in pre-market positioning. BLSI closed around 7 3/4 last week one day, for example, and next morning I saw an mm (will not name it here) pretending to bid it at 10 around 8:55am. I immediately hit his bid with a preference order for 5k, and within 5 seconds, he backed away and went over to the ask side offering 6.
Kimberly |
