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Re: ThSeeker post# 104187

Wednesday, 03/07/2012 11:39:04 PM

Wednesday, March 07, 2012 11:39:04 PM

Post# of 118239
It isn't weird at all.

Contrary to popular belief regular investors buy and sell orders have no effect nor any connection to the bid and ask values.

Only the MMs can publish bid and ask numbers. When MMs are actively involved in a trading stock they set their bid and ask values within the current trading ranges. When they are not participating in the stock but are still registered on it, they set their bids and ask way out of the trading range.

Currently the bid is nonexistent as per usual and the ask is set at a ridiculous level to show that there is no trading going on and no MMs interested in participating. Nevertheless if someone were to put in a market 'buy' order, it would be filled instantly at .50. So unless someone has a lot of money to throw away it would be prudent to refrain from any foolish experimentation.

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