You mean when I said I don't blame the MMs for not posting realistic quotes because this is an "odd situation"? Nothing perjorative intended -- I just meant the reverse split, lack of trading and wide spread. Market makers don't like risk, and I'm sure none of them are going to take the time to try to figure out what the true value of TEVED is or what the bid and offer "should be." So they're going to post a ridiculous quote, or no quote at all, until the situation begins to resolve itself -- or until they are called upon to represent an actual order from an individual, as Hank and I have just demonstrated.
If someone "maybe sorta" wants to buy, he can post a bid for 200 shares at 10.00. And if someone "maybe sorta" wants to sell, maybe he'll post an offer to sell 200 shares at 80.00. And maybe eventually it'll become 15.00 x 60.00, or even 20.00 x 40.00 -- and maybe one day there might even be a bid and ask sufficiently close together to induce a healthy trading market. But maybe not.
