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Current DateTime: 05:35:39 21 Nov 2008
LinksList Documentid: 23371764
    • The Games Traders Play: Hide and Seek

        In the second of our four-part special on volume activity, Charting Asia takes a look at the trading game of Hide and Seek. This is when an investor tries to build a large position in a stock without causing the price to rise.

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Mar.17
9:39 AM ET

JP Morgan's [JPM  Loading...      ()   ] $2 per share take over of Bear Stearns[BSC  Loading...      ()   ] is a 93% discount from Bear's closing price of $30 on Friday and 99% of its 52 week high.  On the open, Bear is down 87%.  Prior to today, the biggest one day loss of current S&P members was 75% for Sealed Air Corp [SEE  Loading...      ()   ] in 1989. 

Here are the biggest 1 day percentage drops of the S&P 500 constituents.

  Biggest 1 Day Drops of S&P 500 Constituents
CompanySymbolClose on 3/14Date of Biggest DropPercentPoints
Sealed Air SEE24.665/12/1989-75.4-4.8
Kroger KR24.2910/31/1988-68.5-5.2
Dynegy DYN8.117/23/2002-63.6-2.2
Williams Cos WMB33.77/22/2002-61.0-3.2
Citrix Systems CTXS30.82/27/1997-59.5-2.6
ETrade ETFC3.6311/12/2007-58.7-5.0
Qwest Q4.626/26/2002-57.3-2.4
MEMC Electronic MatsWFR81.058/10/2001-53.8-2.1
EDSEDS16.179/19/2002-52.8-19.3
Ambac Fin ABK6.221/17/2008-51.9-6.7
AppleAAPL126.619/29/2000-51.9-13.9

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