well think about. If it was insider trading the guy should be fired. Clearly someone dumped on the close with no regard for price.
Yeah large sell off in all the stock indices last 10 minutes of trading. AMZN would have been illiquid if earnings were just due and felt it more.
If you're a short term swing trader you don't want to hold thru earnings you bail just before the market closes. At least I do.
If someone had insider info, im not sure why they would wait 10 minutes before close, when they could have sold through out the day??
I dunno, man. That doesn't translate well into other stocks. Check out Google's chart on the day of their earnings. The last 10 minutes...nut'n. What about Microsoft? Nut'n.
Too much headwind I guess. The last 10 minutes would be the most ideal considering that it's the last day of the month. You have these funds rebalancing their books and whatnot. Anyway, it just looks pretty damn suspicious.
Nah, i think AMZN just chose the worst day of the month to announce earnings after the close. Market makers are going to be scared to provide liquidity just minutes before earnings are released. So the stock got crushed by last minute end of the month window dressing in all the indicies.
%% NOT that I'm aware of . 1] That AMZN move does look bit strange. But that could be a thousand different things. 2 ] AMZN was staying above 50dma\but APR 19-25, looks terrible below 50dma then\above average sell volume then . So there was clear selling that period. Maybe they wanted MSFT more + had to sell something? Don't know.