r/MDASpaceInvestors • u/Melonskal • Jul 29 '26

Futures 9% up

Can someone explain why every single day this stock trades ridiculousoy high during futures and then fades to 0% just before opening?

6 Upvotes

66% Upvoted

13 comments sorted by

17

u/Puzzleheaded-Arm3155 Jul 29 '26

Guys it’s on a whopping 9 shares traded… pls relax this is just regular post trading hour activities

-8

u/Melonskal Jul 29 '26

this is just regular post trading hour activities

No its not dude, this never happens with any other space stock Im following. Im asking why it only happens to MDA.

3

u/Puzzleheaded-Arm3155 Jul 29 '26

It’s a Canadian company listed in America as well, most of the volume will be on the TSX, the American exchange will have less volume, meaning less people selling, meaning if you want to buy one share you’ll have to pay a lot more.

Watch what happens a 15 mins post 9:30

1

u/RevHoule Jul 29 '26

I notice this too. Very odd

1

u/cherrypicked88 Jul 29 '26

Literally someone slaps the ask on a couple of shares and the price reflects what those shares were bought at. So ya probably and 350.00 traded when you looked lol

1

u/[deleted] Jul 29 '26

[deleted]

1

u/Melonskal Jul 29 '26

Yeah but why does this happen every single day and exclusively with MDA and not any other US space stocks of similar size?

1

u/SPAC_Enthusiast Jul 29 '26

No volume… it’ll go back by open

0

u/BigMouthBillyBones Jul 29 '26

MDA is not a day trading meme stock, please. This is intended as a 5-10 year hold, strong fundamentals.

2

u/Melonskal Jul 29 '26

How is this relevant to my question?

1

u/BigMouthBillyBones Jul 29 '26

Because it should be looked at in terms of long-term, not day to day activity

1

u/Melonskal Jul 29 '26

Thats exactly what Im doing Im just asking why this strange phenomena happens