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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Joel Karlinsky who wrote (12807)7/26/2001 11:04:10 PM
From: changedmyname  Respond to of 15615
 
Order imbalances are fairly common among listed securites... and more often then not they are sell-side imbalances. The final closing print of a stock on an NYSE stock is often different than where the stock went out trading... although the swings on GX are a bit more dramatic, not to mention more noticable given the low price of the stock and thus big percentage move.

Today was the first day in several trading days that the sell-side imbalance was listed as zero by 15:52.... although that still didn't stop it from getting the 20 cent drop at 4pm.

Jason