NSAV Holding Inc (NSAV)

[shotsky]

If I understand your question, yes, it will blow right by. Why? Because they will change their spread and only offer to buy when the price is within their spread. If they drop the bid, which they will do on a market order, it will take precedence.
To test that, try any market sell, and note that it will instantly sell. Then, go look at the tranches you received, and you will see their spread dropped, and you got less and less for each tranche. The tranches are the amounts they list in the 'quantity' on their spread. If it's a market sell, they can drop their bid below your limit. (And they will - it is, after all, automated. Their computers will minimize the amount they have to pay to get the shares. They will suck up those shares in mere seconds, and you'll still be sitting with your limit which is now higher than they will pay.)