xoom, COOP's PPS on L2 is absolutely ridiculous, the Buy and Ask are for 1-2 shares with a spread of $.01. A few weeks ago I bought shares at market and had 31 separate trades to fill my order. It took over 10 minutes to fill the order. lol
For sure they have us in a tight holding pattern waiting to spring something on us....Good or bad!
NSDQ, CHXE, PHLX, Y, and BSE are on the bid and ask and are just passing the $0.01 baton back and forth. It appears we could hit $81.50, but it could just as easily be brought down to $79.00 if they wanted it there. Are they waiting for news on FDIC's LIBOR suit????