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To: milesofstyles who wrote (1617)12/31/1997 3:43:00 PM
From: hoffy  Read Replies (2) | Respond to of 1702
 
<<<2550-.26 spread tightens at 3:30, ask hasnt moved for hour or more, why wouldnt it move up?>>>

Sometimes this happens when the market makers want more people to sell so they move up the bid to entice some people to take it. This means that the market makers are buying it because they think the price will be moving up. And they are the ones who really know and they also can force the price in one direction or the other.
I am not saying that this is happening here but it is possible. If news comes out on Friday or next week then I would say that it happened.