Quote from bestfriend:
I am now short 61,900 at various prices. Note the fake bids in the book that came in after 8am ET. This is a regular occurence in stocks with news and those bids will diappear before the open.
These bids, if they are placed to influence premkt trading, are completely illegal. My securities lawyer has advised Marketwatch in the past, and she was formerly in Enforcement at SEC. So, if anyone is doing this they are likely to get caught if they trade against it.
Quote from bestfriend:
I am now short 61,900 at various prices. Note the fake bids in the book that came in after 8am ET. This is a regular occurence in stocks with news and those bids will diappear before the open.
These bids, if they are placed to influence premkt trading, are completely illegal. My securities lawyer has advised Marketwatch in the past, and she was formerly in Enforcement at SEC. So, if anyone is doing this they are likely to get caught if they trade against it.