40,000 pre-market was obviously a tease
posted on
Dec 01, 2008 05:14AM
We have not seen this in quite awhile but in the way past, mm's would show pre-market action. some would get excited and enter buy orders and then price would retreat and level off. Hopefully, they now see a reason to employ this tactic as they sense a swing to the upside.
Don't forget....Schrock's purchases, if any, could be filed today for buys last week.