Winning Brands Corporation (WNBD)

[lbdave]

The problem with that line of thought is this, In this market the MM doesn't have to post the highest bid or lowest ask that he represents. All you see on L2 are the quotes they choose to display. Many times you can place a bid between the posted bid and ask (when there is a spread) and your bid will never be quoted on L2. I guess the best way to word it is buying between the POSTED bid and ask.