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  #1  
Old 12-11-2008, 03:17 PM
bronto18 bronto18 is offline
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Default stock jumps 50% in one day

A stock jumps 50% in one day. There are no news around it, nothing. Why does this happen?
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  #2  
Old 12-11-2008, 03:37 PM
trent trent is offline
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There are several possible reasons for such a jump. There might be a good news that has leaked through employee of the company for example, before the news is made official by the company. Maybe another company made a bid to acquire the company (M&A talks). Another reason is lack of liquidity. If the company is thinly traded a trade for a large block of shares, might cause the price to go up even higher than 50%.
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Old 12-12-2008, 02:29 PM
bullish bullish is offline
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Or the stock may have been severely oversold in the previous days.
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Old 12-15-2008, 02:35 PM
Canadian Canadian is offline
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I usually avoid stocks that have wild gyrations, however there is nothing stable in today's markets. If a stock like GE can go from around $40 to less than $13 for a year, then there is something very wrong with the markets.
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