Just thought I'd post the Level II quotes, for those interested. It appears that no market maker is currently trading TEVED for its own account, so all of the quotes reflect actual individuals' orders. As Hank said, anyone who doesn't think the quotes reflect reality should simply put in a better bid or offer. For True Believers, it's not a lot of money, right?
NITE as of 13:12:41 today: bid 6.00 for 500 shares, offer 99.98 for 200 shares.
AUTO as of 15:18:03: bid .0001 for 5,000 shares, offer 99.00 for 243 shares (although someone just flashed an offer of 50.00 through AUTO, as I was typing this, just for a few seconds)
CSTI as of April 3: bid 5.15 for 500 shares, no offer
Seven other MMs are on the box and could post quotes instantly if they were to receive orders, including ETMM (MM for ETrade) and UBSS (MM for Schwab). Apparently they don't have any current interest in posting quotes to maintain liquidity, and I don't blame them with an odd situation like this.
