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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Cheeky Kid who wrote (26511)4/6/2000 5:25:00 PM
From: Lost1   of 63513
 
CK, You'll notice that as soon as the market closes the bid/ask get real weird on some issues. You won't see that on CSCO, DELL etc because there are actually trades going on there. I figure some knuckle head just puts in his bid at, say 15, and is just basically goofing off. I see it all the time. Right after the close these MM are throwing in high asks and are followed by equally absurd bids. YOu won't see any confirmed trades at those prices unless someone ain't paying attention. I guess if you had a sell at market in afterhours and the bid was 15 you might just lose your shares.
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