Mustang,
I find it really frustrating to play in small sand boxes. I never know whether or not I will get my order filled even if the thing is trading below my bid. I think that you are correct in placing your order above the last trade. I have been getting my hands cut to ribbons by trying to catch this falling knife at .30 and .20. Welcome to the 5 (six if you count my split personality twice) person Cardiogenics Hub.
Doc