The Question and Answer Board

[huggums]

Why would an MM hide an ask? A small rather illuquid stock I hold had almost tripled in under 2 weeks. During that time, bid and ask were maybe 3 or 4 cents apart. Yesterday a large 10 cent spread appeared, (100%) then after some time a sell .15, then a walk down to .11 close. This morning for a few hours there was the big spread again. .095 x .199. I set a limit sell at .15. It never showed up as the ask. I canceled it after 55 minutes thinking something hinky was going on. Since then it did trade at .095 and now .115. Showing a bid of .095 and ask of .115. Why would they have hidden my ask at .15 the during time they were showing .095 x .199? Stock symbol is pcsv.ob Thanks!