ajs,
-According to Yahoo, the last trade for T, at the primary market, was at $56 ¾ quote.yahoo.com -According to CNNfn, the last trade for T, at the primary market, was at $56 ¾ qs2.cnnfn.com -According to our own Silicon Investor, the last trade for T, at the primary market, was at $56 ¾. -And according to Quote.Com, the last trade for T was at 56 ¾ fast.quote.com
AT&T DID CLOSE AT $56 3/4!
Also the 40,000 shares traded during the first hour of the after market is very small compared to the total number of AT&T's outstanding shares to account for $2¾ drop in AT&T's share price.
In any case, I was basically hinting that the 500,000 block was traded PRIOR to today's market closing, and that the SELLER was aware of "The Deal", willing to sell at a discount.
Cheers, Ron |