Feb. 6 at 6:38 AM
$HII Today's price action in HII was very suspect. My brokerage 1-day chart shows HII opened at
$354.61 which doesn't match some other charts (to include ST's for the opening on their chart). What doesn't make sense - the earnings beat expectations but the stock starts the day already down in a price range that it is expected to end the day at? So then the price skyrockets from an extremely low Opening to match the price increase expectations for the "beat" but from a handicapped position, and then sells off back down to the same range it started the day at, as if pre-determined on the outcome. There were only 1.5M shares traded today. That's a thin trading day for a major stock like this, especially for an Earnings Release day. Even if 100% of those 1.5M shares were "Sell" transactions, it still shouldn't have taken off
$46 in share value. We've had more shares traded with 1/10th the volatility. "Someone" simply wants a better Entry Point and they arranged that with the Market Makers.
