InvestorsHub Logo
Followers 303
Posts 4450
Boards Moderated 2
Alias Born 05/03/2007

Re: Jackroch post# 7234

Monday, 03/26/2012 11:09:06 AM

Monday, March 26, 2012 11:09:06 AM

Post# of 20680
"Who knows what this 1.05 or 1.35 figure is -- it could simply be someone parked off the bid as of Wednesday. It does not mean that is a CURRENT and ACTIVE quote."

That could be (except that AlphaTrade shows the NITE bid as of 3/23, which was Friday). Unlike some other MMs, NITE does not automatically close its quotes at 4:00 every day, so it's possible that they would run away if anyone tried to sell them stock at 1.05. But obviously it doesn't really matter either way. You guys aren't making your investment decisions based on the presence or absence of a bid for $500 worth of stock, whether it is current or not.

BTW thanks for the welcome to the board, but I think you must have me confused with someone else. I didn't recall ever posting on that other board, so I just checked my "Boards Posted On" and CPOW wasn't one of them.

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.