Replies to post #381874 on Fannie Mae-No Politics (FNMA)

[navycmdr]

moving too FAST for accurate display :-)

[chrisduo]

I need another 5k please. Stop running away!!!

[JusticeWillWin]

This scenario is called crossed market, it occurs mainly in volatile and high volume trading.


http://www.investopedia.com/terms/c/crossedmarket.asp

Can anyone explain how the bid and ask get reversed? I saw a few minutes ago for FMCC a bid of $4.06 and an ask of $3.96