Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is not up that such with a 1% acquire to $5.32 as of 8:53 AM EST. But the stock is among the most astir of pre-market stocks with over 600,000 traded as of 8:53. Average intensity is 4.3 million shares. The company’s secondary offering of 38,834,950 ADSs came in at $5.15, a reduction of inferior than 3% to yesterday’s close. This traded 13 million shares yesterday, so we’d expect today to be added exponential intensity period in MPEL shares. The last 10 million share period was July 2 and you have to go to primeval May for that to be the housing again. Today should eclipse all those sessions. -JON OGG
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