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The PERY Event

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Below is a 100 millisecond interval chart of stock symbol PERY at 12:40:45 on October 4, 2011. There was a sudden drop of approximately 30 cents, followed about 40 seconds later by a sudden rally of approximately 45 cents. Trades are circles, and the NBBO is the shaded gray area. The sum of the trade volume shown in the left circle is 15,900 shares. The sum of the trade volume shown in the right circle is 15,940 shares. Coincidence? If not, does anyone have a hypothesis on what is going on here? This isn't an isolated case.

Please email pr@nanex.net with any information.





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Publication Date: 10/05/2011
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