Citigroup - Prepare Your Umbrella

Posted by Kris | Sunday, May 18, 2008 | | 0 comments »

Citigroup's logo trademark is the RED umbrella. Last Friday, it really needs an umbrella as its stock price starts to cry. What amazes me is that there were quite a significant huge gap between the bid and ask price being executed. Someone is buying at around ~20 cent higher than the normal bid price when the stock was trending downward. The right box shows when and what prices are when these sale transactions occurred.

At first, I thought that my quote screen got crazy, but i remembered that i saw this type of pattern happening within the same week. Anyone care go give me an insight on what is really happening here?