Quote:
Originally Posted by fotze
I have never understood that pre-trading business. Is there some black market for stocks out there?
Also its down 7% now.
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Well basically it's just activity before the market opens. Some brokerages allow trades before the markets open, but it's a little more limited. You have to put in limit orders where you specify the minimum you would sell for or maximum you would pay. The volumes are usually light and for these reasons its not always reflective of the normal hours. A lot of this trading is on early morning news, hence us seeing RIM here.