scottrade doesnt allow you to do that, you can only sell for so high then u will get a notice that the limit cannot be placed because of the large spread, FUNNY ALSO WHO IS ON THE BOARD OF DIRECTORS OF NITE, YUP RODGER RINEY..
Cant remember were I heard this but if you buy at the bid it is listed as a sell which hurts the stock, and a buy at the ask is listed as an buy which is good for the stock.Does any one know if there is any truth 2 this.