right...but as we may be at the start of a longterm uptrend the spread could mean that the MMs are loading up....this way they can buy all the weak shares without consumer money interfering
Too much! Seems some ppl always get it backwards. Yesterday, the stock dropped b/c everyone wanted in despite every economic book I've ever read describes the direct relationship b/n demand and price. Today liquidity has dried up b/c the spread is so wide when it is probably more likely the spread is so wide b/c liquidity has dried up.