GREY:IPHAF - Post by User
Comment by
InterestedPartyon Mar 13, 2009 12:24pm
475 Views
Post# 15842988
RE: Whats with the
RE: Whats with the
The reason there is such a crazy spread is that UBS doesn't offer up it's shares until it makes the trade. Therefore, the only shares availabe at BID are legitimate offers. Then UBS comes in and dumps its shares at .02 - .03 cents cheaper to drive it down.
One situation I noticed UBS dumped 500 shares at .035 cents below market. Tell me that is not intentional?? It was at .17 and then UBS sold 500 at .13????
What the #$% ???