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Tuesday, August 26, 2008 6:31:27 PM
.... in nearly any situation.
As long as they keep the machine running.
Lowest closing bid could be a tad lower than closing price , affording the converter a wee bit more maneuvering room. It's just the last bid at the time of the last trade, and that last trade could have hit the Ask, which would be higher than the closing bid.
Shoot , we've all seen how the bids and asks often pull back into a bigger spread on stocks immediately upon the close. Depending on how that game is played ... the lowest closing bid could be substantially lower than the last trade.
JMO
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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