How is this possible, and what does it mean? (WMT)

Turveyd said:
It means, someone sold to you at the BID Price, which was likely your order at the time, standard pre market no volume.

Could of been an error, could of really wanted out, no way to tell, it's a nothing.
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Read how the NYSE Specialist works the Open and Close. Real demand was $129, they tried a little shake n bake and lucky you caught it. Nice trade!
 
Yes, my order was a standing order since 8am. So he hit my bid yes. But he traded his way down there, 25-30c at a clip. It wasn’t just a trade at $129.10 followed by a trade at $127.95. The seller traded his way down and back up again. All within 3-4 minutes
 
The “mystery” is that this is not a thinly traded stock. It’s a heavily traded Dow component. And although it was technically pre-market, it was 927 am when there should have been 100 buyers lining up their bids
 
guru said:
So if the stock will go down soon then you’ll assume it’s because of what happened earlier during 4 ticks?
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Haha guru, yes, that is what I was thinking. (To be fair, it was a dozen or more ticks/trades). Could this not be true? Looks like the stock is headed to new all-time highs at the moment, so perhaps my hypothesis is nullified, unless the truth of it could be borne out over a period of days. Not sure really.
 
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Melting up, lol. Still a "mystery" why he came down and picked me off at $127.95 at 9:27am. Still waiting for the mystery to be solved, lol.
 
Down significantly after hours. My hunch looks like it could be playing out. My hunch says this is a multi-day game by a big seller. Initial target 126.
 
Could have been someone short and on some inside news or info knew the market was going up so they covered their short before it started up. Working it down makes me think someone was hitting the bids cause they are short and want out. If it was a bearish institution pushing price down the subsequent move would have been down. Most likely someone wanted out of their short.
 
Math_Wiz said:
View attachment 225179

Melting up, lol. Still a "mystery" why he came down and picked me off at $127.95 at 9:27am. Still waiting for the mystery to be solved, lol.
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That’s the “127.95 at 9:27” curse !!!

Those who trade it are punished,
Forever Punished ! Damned !!!

Never trade again 127.95 at 9:27.
God bless you. Take care.
Be careful. Amen.
 
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@Math_Wiz, good luck with your trade.

imagine another drop to $100, what then, are you contemplating a wait/sideline, buy or given todays pre-market, would you short it?

could end of week WMT be back to $130+
 
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