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UK shorts cover - SGE rises & falls 75% in 30 min.

  1. cso1

    1,689 posts.
    http://uk.finance.yahoo.com/q?s=sge.l&d=c&t=1d .

    Some amazing intra-day volatility here as the stingers panic and unwind. See charts above.

    http://uk.biz.yahoo.com/020920/80/da18k.html

    A spokeswoman for the London Stock Exchange (LSE: LSE.L - news) said the price moves were linked to the expiration of FTSE futures and options contracts at 0930 GMT. She said the LSE would look at any unusual share price movements during the day.

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