What’s a Nice Girl Like You Doing in the Stock Market?

If you were monitoring Etrade’s MarkeCaster this morning you would have noticed that the ask price has consistently hovered below the market price for various stocks. I’ve been informed by Etrade customer service this is the result of NASDAQ ‘pushing through conditional orders’ of 100 shares at the lower price.  At this time, 10:34 MST, the worst case is a stock whose ask price is 6 cents lower than the actual price of the stock.

I no longer own any of the stocks mentioned in this blog.

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