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Thursday, June 28, 2018 11:26:39 AM
I called Etrade and they told me that if the price is .0001 - 0.99 the bid will only show if there is an order for 10,000 or more shares. This was verified by the trade room. If a bid is less than 10,000 shares it simply won't show up. I also verified that they can't skip over bids that are less than 10,000 shares. It's a kind of MM Manipulation that is meant to look like there is no real interest, even if there actually is. Just thought I'd share the information that I just got directly from Etrade.
*** Of course I just post and watched the bid go to .013 for 7450 shares. This certainly seems to contradict the information I just received from Etrade. It's about to get crazy up in here!***
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