The last official trade was 400 @ .38 which happened about 1 minute after the bell (like usual). Yes, there then were a bunch of trades that actually occured 3 minutes after the close. These were all marked with a "T" which meant to me reporting was required by the NASD (a self-regulatory organization of the securities industry) to report an equity trade executed after normal market hours. Were these trades innocently submitted late, forgotten or to make up for some price mistake from the past? Or to fark the closing price and create doubt? These late "T" trades had to show up somewhere, nasdaq afterhours site reported them as 1616 hrs trades but they had already occured 13 minutes earlier.
This has happened a couple of times of late and is starting to become less than mere coincedence.
IMO we are being held @ .40 and it has something to do with the language in the proposed agreement with CRRC. Maybe the same peeps who are holding KRY from going over .40 are now battling new forces trying to start a panic selloff to scoop cheap shares, so they also now have to prop up the PPS if it gets to low.
The 1245 games I usualy am talking about are the funny high price buys and low price sells right at the close of trading, the jousting usualy starts in the last fifteen minutes. Is anyone else thinking this is a possibility? It might explain the irratic trading behavior.