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Politics : Ask Michael Burke

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To: Earlie who wrote (49962)3/5/1999 3:15:00 PM
From: Stefan  Read Replies (3) of 132070
 
Earlie, good to see you posting again. I have a question for you as to todays action. I have been watching real time quotes on MU and SCH and the bids were higher then ask in some instances by over a $1. I thought that it was a problem with reporting but other quote sources showed the same. Are the specialist giving money away. Could you explain how this can happen. I have never seen something like this.

Also MU puts bid and ask were locked in at the same price without trades going through. What is going on with this? Is the "efficient market" falling apart?
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