No, because nobody sold. There was no sales between the close and the open but there was a downgap. Now I understand there is a difference here between money and wealth, so what are the definitions for them in this case? This is actually a very interesting topic that I have been pondering about.
We can ask the question in a different way, without having a gap: What happens to the money when a stock's price falls to half in one day when only 10K shares were traded, although there are 1 million stocks in the hands of the investors?
Answer: you say 'money' but you mean wealth. wealth is destroyed. end of discussion. money (as in M1, M2 and M3) is different than wealth and is not effected by stock price movements as another poster pointed out.
It might be. Nas Opening Cross. I find it amazing how the open is "discovered" for a stock. http://www.nasdaqtrader.com/trader/openclose/openfactsheet.pdf ......... rcj
It just like looking a a new chicken egg's constiuents (molecularly speaking) and the molecular constutuents of a chick upon hatching. very different molecular before and after. Take the miner's death's presumed to be nitrous oxide poisoning that turn out to be CO -2 poisoning ....couldn't happen until is was proven. Gaps are very very common without any trading..... Roll over days must be hazardous duty pay for some of you when you wake up in the morning and that market has just dissappeared overnite......LOL... Triple witches can really screw up alot of things too. BOOOO!!!!!