[CANSLIM] confusion with after-hours trading - CEDC

From: "rolf hertenstein" <rolfh@mindspring.com>
Subject: [CANSLIM] confusion with after-hours trading - CEDC
Date: Sat, 21 Dec 2002 08:50:20 -0700

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First, I have no intention of after-hours trading, I'm just trying to
understand what went on.

That said, the other day CEDC ran up over $20, then closed above $18
in regular trading.  I then noticed on nasdaq.com that several trades,
totalling a few thousand shares, seemed to be executed between $12.60
and about $16.50, with the last trade or two happening at the higher
number.  By the next morning, CEDC opened near its previous day's
regular trading close.

Can someone explain what's going on?  Seems like some folks got shares
cheap, while others sold 'em quite cheap.  

 Rolf



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