Sitio up after hours??

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grimaldi
Posts: 84
Joined: Sat Apr 20, 2013 8:27 pm

Sitio up after hours??

Post by grimaldi »

Why did STR zoom way up after the market closed Thursday---
Is there some big takeover offer and everybody but me knows about it?
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: Sitio up after hours??

Post by dan_s »

After hours trading can be misleading.
Most of the time big moves on low volume are caused by someone putting in a relatively large buy or sell order "At the Market".
There's nothing I see that indicates a sale of the company is in the works.
Dan Steffens
Energy Prospectus Group
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