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Overton – I have been noticing the same effect

Posted by Alex Valdor @ 12:43 on April 9, 2018  

and it also extends to pink sheet stocks , I think ( I have some US penny stocks which are slow to be reported ). Often I show a modest gain at the end of the day – because the daily change reflects the difference between the close and the open in the morning . However , all too often , looking at the previous day’s close , the indicated gain is actually a loss . I would rather see a midnight to midnight tally , or , as used to be the case – the price after all mutual fund NAV’s are tallied . Nine in the evening used to pretty well cover that effect . That is no longer true .

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.