InvestorsHub Logo
Followers 29
Posts 5581
Boards Moderated 0
Alias Born 07/21/2009

Re: Sculelos post# 21275

Friday, 01/08/2010 12:10:50 PM

Friday, January 08, 2010 12:10:50 PM

Post# of 68397
My understanding is that if they slap the ask right now and they cleared out the .01's they could either a) sit on the bid of .01 then or follow it up if someone else went higher bid or they would have to b) wait until someone else slapped the next ask so that the new latest transaction is at the ask now allowing them to slap the ask once again.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.