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Wednesday, 10/03/2012 10:29:50 PM

Wednesday, October 03, 2012 10:29:50 PM

Post# of 23476
If somebody could help me with this I would really appreciate it. I tried finding the answer online but couldn't come up with anything. Why do most .0001 stocks with no bid and no volume for substantial periods of time usually have an ask of .0001, but then there are stocks like EVXA with no bid, no volume and yet the ask stays at .0002? I mean I know the ask on EVXA has been .0001 at times, but for very brief and limited periods. What is the reason market makers set the ask at either .0001 or .0002 on no bid stocks? What are the variables behind the ask being either .0001 or .0002, when there is no Bid and basically no volume? Once again if someone could shed some light on this for me I would really appreciate it. I can't find the answer anywhere online or in any books I have. Thanks.


IMO