GREY:STPJF - Post by User
Post by
BG20on Dec 27, 2013 4:31pm
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Post# 22041174
Annoying close
Annoying closeWhy do people do this? ... squeeze in a last second trade that takes the closing price down? The Instinet sell order was an ice berg order to boot. Otherwise, STP would have closed at .185. Recent Trades - Last 10 of 192 Time ET Ex Price Change Volume Buyer Seller Markers 16:00:00 T 0.175 1,500 9 BMO Nesbitt 13 Instinet Q 16:00:00 T 0.175 3,000 39 Merrill Lynch 13 Instinet Q 16:00:00 T 0.175 10,000 2 RBC 13 Instinet Q 15:59:58 T 0.18 0.005 132 84 Ind Trading 13 Instinet 15:58:56 T 0.185 0.01 1,000 1 Anonymous 2 RBC 15:58:56 T 0.185 0.01 500 1 Anonymous 84 Ind Trading 15:50:10 T 0.18 0.005 320 84 Ind Trading 22 Fidelity 15:41:49 T 0.18 0.005 4,000 1 Anonymous 143 Pershing 15:41:49 T 0.18 0.005 500 1 Anonymous 39 Merrill Lynch 15:41:49 T 0.18 0.005 59,000 1 Anonymous 85 Scotia