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  • acorisk acorisk Jan 23, 2012 2:12 PM Flag

    showing last trade at $1.02 in AMTD

    yes - if someone bought at 0.92 and the next sell offer (ask) was higher, then the ask would go up.

    There are only a few market makers for this stock - maybe one of them went offline for awhile - making the ask rise alot.

    Seems to be back in synch now --- with what has been the 50 cent to 55 cent bid / ask spread of the last few sessions.

    Given the big jump earlier though - looks as if there are not many shares around - suggesting those with 1.7 million short shares could have trouble covering when this takes off / after the investigation (just look at the pictures of the expansion construction happening now in the new factory)

 
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