Quote from JoshDance:
Thanks fishing, this is more along the lines of what I'm looking for. I found this after reading your post and changing my keywords for search a bit:
http://finance.kampungtalk.net/2008/01/who-decides-opening-price-stock-how-does-pre-opening-work
Another excellent article explaining the basic process of how an opening price is calculated.
http://www.optionsatoz.com/classes/...ates/howistheopeningstockpricedetermined.aspx