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Friday, 03/19/2021 1:49:40 PM

Friday, March 19, 2021 1:49:40 PM

Post# of 52138
Some very large brokers, like Fidelity, won't allow you to place market orders on securities under 1.00$. This allows MMs on our stock to better control the order flow. MMs make money on the bid/ask spread. They know they can't protect the ask at these 1.00+ levels,so they pin it between 0.995 and 0.9999. Then execute the ask slaps at 0.9975 to better protect the ask.

They are REALLY nickel and dimeing at this point, and probably even losing money and shares to people like us. You better believe there's a damn good reason for this.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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