Update - MAS
MAS traded lightly in the pre-market, with all the trades shown below. As you can see, the stock traded at its close from regular hours last night at $26.55 before going up 10-cents before the open.
9:28 $26.65 300
9:27 $26.65 300
9:27 $26.64 200
8:59 $26.55 400
8:59 $26.55 500
8:59 $26.55 100
8:26 $26.68 100
At 9:30am, the stock opened at $26.70, went to $26.80 and back to $26.70 before slowly taking off and making big gains on the day reaching a high of $27.74. I-watch shows heavy buying all day long with again all institutional and non I-watch (most likely hedge funds) participants (25% and 75% respectively, 0% retail investors). Certainly makes for a good argument to not short Cramer recommendations where the institutional holders make up over 90% of the owned shares.
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