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Tuesday, May 10, 2011 6:05:14 PM
So that they can buy stock at fractional values.
Most brokers won't execute trades at more than 4 decimal places.
Since that ASK is $0.0001, most buyers are holding out for the R/S, so that they can put in lower bids, in order to get a better price.
They may as well just do the R/S, and get it over with, so that the buyers will come back to the table.
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