Re: I'm sure most investors know not to ever put in...KIRK...

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Re: I'm sure most investors know not to ever put in...KIRK...

in response to

I'm sure most investors know not to ever put in

EDIGOKIE

posted on Nov 06, 2008 06:58AM

Just to assuage your concerns in this area...

Here is the Levell II BID/ASK for this morning...

As you see there is no BID $.08 and ASK $.17...

My handle on this is that MM'S have a usual 1-3.5 cent difference between BID/ASK. And whenever demand increases and supply drops down fast, they will take few senconds to regroup the bottom and the ceiling on BID/ASK... Those are the times you will see the big spread exceeding the usual spread...

Also, sometimes the spread is increased to slow down the activity...

Gil...

Level II Quotebook

Time	MMID	Size	Bid
10:39	Close UBS Securities LLC OTCBB/PINKSHEETS 203-719-8710 TRADING DEPARTMENT 203-719-7400 UBSS	5000	0.131	↓
11:06	Close Automated Trading Desk Financial Services, LLC TRADE DESK 843.789.2080 TRADE DESK TOLL FREE 866.283.2831 AUTO	5000	0.131
11:29	Close Knight Equity Markets, L.P. BROKER/DEALER DESK 800-274-9382 BULLETIN BOARD 800-232-3684 DELISTING/BANKRUPTCY 212-336-8725 FOREIGN BULLETIN BD 212-336-8841 HELP DESK 888-931-HELP INSTITUTIONAL DESK 800-222-4895 INTERNATIONAL 800-762-0271 NASDAQ TRADING 800-544-7508 NITE	5000	0.131	↑
11:06	Close Archipelago Trading Services, Inc. NASDAQ TRADING 312-960-1318 OTCBB TRADING 312-442-7700 ARCA	75000	0.13	↓
07:30	Close Hill Thompson Magid and Co., Inc. ADR TRADING 800-879-9842 BANK STOCKS 866-291-6316 CANADIAN EQUITIES 866-235-7016 CHICAGO, IL 312-372-3828 CHICAGO, IL 800-999-8073 JERSEY CITY, NJ 201-434-8100 JERSEY CITY, NJ 212-233-2200 NASDAQ TRADING 800-631-3083 PREFERRED/CONVERTS 201-433-9544 HILL	5000	0.10
10:13	Close Pershing LLC 866-880-9410 BULLETIN BOARD 201-413-2700 DEALER DESK 201-413-2465 JERSEY CITY NJ 201-413-3531 NASDAQ TRADING 800-305-0161 PERT	5000	0.10	↑
07:30	Close Domestic Securities, Inc. EDISON, NJ - OTC 732-661-0300 MONTVALE, NJ HQ 201-782-0888 DOMS	5000	0.09
07:30	Close Hudson Securities, Inc. 201-216-0375 561-361-0951 BOCA RATON, FL 800-898-2777 CANADIAN ARB 201-216-1475 COLORADO 888-576-1828 INSTITUTIONAL SALES 800-419-9187 INTERNATIONAL 888-306-1998 JERSEY CITY, NJ 201-216-9100 JERSEY CITY, NJ 212-227-7733 JERSEY CITY, NJ 800-624-0050 HDSN	5000	0.08
07:30	Close Sterne, Agee & Leach, Inc. BIRMINGHAM, AL 205-380-1760 NASDAQ/OTCBB TRADING 800-239-2408 Nasdaq 800-930-3536 Nasdaq/Agency 1-800-239-2408 OTCBB/Pinks 561-368-8373 SALI	5000	0.08
07:36	Close Natexis Bleichroeder Inc. ARBITRAGE 212-333-4440 ARBITRAGE 212-333-4441 BROKER/DEALERS SALES 800-325-ABLE CONVERTIBLE 212-333-4554 DOMESTIC 212-299-4500 DOMESTIC 800-221-3365 EUROPE 212-299-4505 FAR EAST 212-299-4508 INTERNATIONAL 800-223-3134 LATIN AMERICA 212-299-4511 SOUTH AFRICA 212-299-4513 ABLE	5000	0.08	↓
07:30	Close Vfinance Investments, Inc OTCBB/PINK SHEETS 561-981-1314 OTCBB/PINK SHEETS 800-487-0577 PHILADELPHIA 856-234-2900 VFIN	5000	0.07
09:34	Close The Vertical Trading Group, LLC B/D Sales NY 212-430-3561 B/D Sales Richmond 804-282-4650 Trading 212-918-1202 VERT	5000	0.05
07:30	Close ICAP Corporates LLC 800-937-0087 JERSEY CITY, NJ 212-341-9136 GARC	5000	0.04
07:30	Close Seton Securities Group, Inc. NASDAQ TRADING 732-739-3800 OTCBB AND PINKS 732-739-3800 SSGI	5000	0.01
07:30	Close Vandham Securities Corp. WOODCLIFF LAKE, NJ (201) 782.3310 WOODCLIFF LAKE, NJ 888.356.2179 VNDM	5000	0.01
07:30	Close Murphy & Durieu FL OFFICE LOCAL 954-491-4545 FL OFFICE TOLL FREE 800-929-2111 N.Y. CONVERTIBLE 212-618-0915 NY, INSTITUTIONAL 212-618-0758 PFDS & WRNTS 800-227-3210 MURF	5000	0.001

	Ask	Size	MMID	Time
	0.145	5000	Close Pershing LLC 866-880-9410 BULLETIN BOARD 201-413-2700 DEALER DESK 201-413-2465 JERSEY CITY NJ 201-413-3531 NASDAQ TRADING 800-305-0161 PERT	10:13
	0.15	60000	Close Archipelago Trading Services, Inc. NASDAQ TRADING 312-960-1318 OTCBB TRADING 312-442-7700 ARCA	11:06
	0.15	5000	Close UBS Securities LLC OTCBB/PINKSHEETS 203-719-8710 TRADING DEPARTMENT 203-719-7400 UBSS	10:39
	0.15	5000	Close Knight Equity Markets, L.P. BROKER/DEALER DESK 800-274-9382 BULLETIN BOARD 800-232-3684 DELISTING/BANKRUPTCY 212-336-8725 FOREIGN BULLETIN BD 212-336-8841 HELP DESK 888-931-HELP INSTITUTIONAL DESK 800-222-4895 INTERNATIONAL 800-762-0271 NASDAQ TRADING 800-544-7508 NITE	11:29
	0.16	5000	Close Sterne, Agee & Leach, Inc. BIRMINGHAM, AL 205-380-1760 NASDAQ/OTCBB TRADING 800-239-2408 Nasdaq 800-930-3536 Nasdaq/Agency 1-800-239-2408 OTCBB/Pinks 561-368-8373 SALI	07:30
	0.20	5000	Close Hill Thompson Magid and Co., Inc. ADR TRADING 800-879-9842 BANK STOCKS 866-291-6316 CANADIAN EQUITIES 866-235-7016 CHICAGO, IL 312-372-3828 CHICAGO, IL 800-999-8073 JERSEY CITY, NJ 201-434-8100 JERSEY CITY, NJ 212-233-2200 NASDAQ TRADING 800-631-3083 PREFERRED/CONVERTS 201-433-9544 HILL	07:30
	0.20	5000	Close Vandham Securities Corp. WOODCLIFF LAKE, NJ (201) 782.3310 WOODCLIFF LAKE, NJ 888.356.2179 VNDM	07:30
↓	0.20	5000	Close Natexis Bleichroeder Inc. ARBITRAGE 212-333-4440 ARBITRAGE 212-333-4441 BROKER/DEALERS SALES 800-325-ABLE CONVERTIBLE 212-333-4554 DOMESTIC 212-299-4500 DOMESTIC 800-221-3365 EUROPE 212-299-4505 FAR EAST 212-299-4508 INTERNATIONAL 800-223-3134 LATIN AMERICA 212-299-4511 SOUTH AFRICA 212-299-4513 ABLE	07:36
	0.24	5000	Close Vfinance Investments, Inc OTCBB/PINK SHEETS 561-981-1314 OTCBB/PINK SHEETS 800-487-0577 PHILADELPHIA 856-234-2900 VFIN	07:30
	0.32	5000	Close Domestic Securities, Inc. EDISON, NJ - OTC 732-661-0300 MONTVALE, NJ HQ 201-782-0888 DOMS	07:30
	0.35	5000	Close ICAP Corporates LLC 800-937-0087 JERSEY CITY, NJ 212-341-9136 GARC	07:30
	0.35	5000	Close The Vertical Trading Group, LLC B/D Sales NY 212-430-3561 B/D Sales Richmond 804-282-4650 Trading 212-918-1202 VERT	09:34
	1.01	500	Close Hudson Securities, Inc. 201-216-0375 561-361-0951 BOCA RATON, FL 800-898-2777 CANADIAN ARB 201-216-1475 COLORADO 888-576-1828 INSTITUTIONAL SALES 800-419-9187 INTERNATIONAL 888-306-1998 JERSEY CITY, NJ 201-216-9100 JERSEY CITY, NJ 212-227-7733 JERSEY CITY, NJ 800-624-0050 HDSN	07:30
	1.01	500	Close Seton Securities Group, Inc. NASDAQ TRADING 732-739-3800 OTCBB AND PINKS 732-739-3800 SSGI	07:30

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