DRL information leaks!!

Discussion in 'Stocks' started by Option Trader, Feb 21, 2008.

  1. It seems to me that each time DRL comes out with negative or mildly negative news after hours, "someone already knows" during the trading day itself! When you detect there is a leak, what do you do?
     
  2. Here is the link about the "after hours" news. http://www.earthtimes.org/articles/...udit-for-the-period-2006-related,288376.shtml
    Note how the stock had a solid price increase at the start of the day, then suddenly it made a complete turn around, crashing thru the bids, regardless of size.

    The news wasn't that bad, as it doesnt affect any of their daily acitivities, and they merely require responding to recommendations within 120 days, but still it's unfair how the shorts or the MM seem to know first!