Extended hours trading.

Simply put. Extended hours trading happens before and after the market is open. This is the best/worst time to get yourself involved in the market. There are no market makers that get paid to sit there and keep the stock liquid, liquidly is how they make their money. This is all done by computer now, I think penny stocks are still handled manually to some degree if they are not on a exchange. But the market maker is there to keep the spread between bid and ask as tight as they can and move the stock up or down accordingly (they are the auctioneer). Forget BBBY's disaster scenario yesterday. Let's talk about real world situations.

As soon as the market closes there will be a dramatic change in the spread, and seller and the buyer have to figure it out. For example, let's pretend nothing has changed in the news, and your company and the market are where it was at 4PM. Company X usually trades within pennies during normal trading hours for argument sake the stock is $100 at close But at 4pm, the dreamers and bottom feeders comes out. One buyer puts in an order, I'll take company X for $95 right now, And the seller is putting in their request I will sell this stock for $110 right now. Then they either keep that on the screen and hope for the best or other people will start coming in bringing the spread closer.

Extended hours trading is boring for the most part because you have to manually try to buy and sell. The only time shit gets very real is when bad/good news comes out on company X, Company X causes/cures cancer. Here comes the volume. But overall unless horrible news or amazing news comes comes out when the market closes (Fed, Job reports etc) those happen during normal trading hours. It's really something you shouldn't spend a great deal of time focusing on. Because the volume is also very low.

This is my opinion on extended market for BBBY.

Remember the make believe short that I almost pulled the trigger on? Ok, I would have made close to 15k on a 25k "investment" using the after market drop, this is only if I decided to roll the dice and not close my position when the market was open. 99% of the time, I prefer the market be open so I can just pay the slippage and let the market maker get me the fuck out ASAP.

When you short stock you don't buy it. You borrow it from your broker. And the goal of the short is to return those shares by buying them back at a lower price than you borrowed it from them. I believe after hours was the perfect storm of people begging to get out, and short sellers buying back those shares before they caught in the next GME squeeze greed is good only in the movies. That's why the stock is basically DOA today. Buyers are done dreaming, Short sellers know what greed will get them on a meme stock and took profits.

Is this the last we have heard from the BBY story? Who the fuck knows? Educated guess, there are still dreamers and greedy fucks ready to continue the fight and the stock will ping pong back and forth a little while longer.