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Very Strange
Hello all:
This morning I've seen quite a few bids for BAC that were well over the ask. (For example: Last $11.44 Ask: $11.45 Bid: $11.56). As I've said, it happened many times -- too many to seem like an anomaly. In each of these cases, the price moved up or down by .01 (in other words, it never jumped to the bid). How/why does this happen? Does it mean anything, or is it just a bunch of market orders? If so, why didn't the price jump?
Thanks
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