Spread?
Hello all, I currently hold Pike Electric Corporation (PIKE). The last closing price was 14.76$ (03/1/2013) but the ask price is 15.55$(x100) how can there be such a large difference? (bid is 14.00$(x300)). thanks.
Well today it's at 14.88$ at 3:10PM and the bid is 14.91$ with the ask at 14.93$.
Perhaps the computer was at fault? When I tried to up my stop market from 14.00$ to 14.50$
the computer wouldn't let me do it Friday (3/15/13).
The first time you looked at it was it during regular market hours or was it pre market or after market?
It was during regular market hours. I was logged into TDameritrade when I first looked to change
the stop loss; I was locking in my 1$ gain
http://onlinetradersforum.com/styles...foro/clear.png
I looked at it on finance.yahoo also and it was similar.
Well I just logged into TD ameritrade (at 6:56 pm) and looking a the quote I get:
PIKE Bid:
14.50 Ask:
15.80 Last: 14.78 Chg ($): 0.02 Vol: 197,913
the computer will not let me up my stop market to 14.50$
I get:
"Your stop market order to sell 500 PIKE, with an activation price of 14.00 could not be replaced because the stop price must be below the current bid for sell-stop orders. "
I remain confused!