I bought recently some hundreds shares for 10.01 and NITE moved to 40. I wonder what NITE would do if I would buy his 200 for 40. He would short and move the price to 100?
If there would be a functioning control by SEC I would do so just for the sake of fun. But SEC would never ask why do you want to buy shares only for 4$ when you can sell them for 100$? We know why. But under the obligation to keep liquidity would NITE not be obliged to increase the BID closer to ASK? Of course not, as these markets, like Gold, Silver, LIBOR, bonds, shares..all are screwed by criminals and SEC is "watching".