Fernhill Beverage Inc (FHBC)

[5Leaf]

Does anyone know how ask/bid prices set? I have long suspected that markets are actually being manipulated through these ask/bid quotes. In some cases I have seen the ask/bid prices get set before the opening bell at prices completely outside of where a given stock had traded late on the previous day.
If they set the ask/bid prices far above the trading range of the previous day it will sometimes cause a fast price decline as many people will cash their profits at the same time. But sometimes there is no decline in price very early.
If there is a large gap between ask/bid prices, a common result is that many traders will balk and do nothing or they place a buy or sell request but they can't buy or sell the stock at a price they consider acceptable.