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Re: sub756 post# 38616

Tuesday, 03/12/2013 3:23:46 PM

Tuesday, March 12, 2013 3:23:46 PM

Post# of 121658
Company can only buy on the most recent bid or price traded, whichever is higher. I think in the case of .007 being the last trade they could slap the ask right now, but most of the time they are restricted to sit on the bid because the ask is higher than the most recent trade due to low volume.