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I've heard market makers use the phrase in reference to moving one part of the quote further away from the NBBO than the other part. For example, a market maker might normally keep his bid and offer for a particular stock both .05 away from the NBBO. But based on certain market conditions or...

FSLR up 8%, HOD.

FSLR up 6.75%

From the NYSE glossary Since it's a limit order, I don't see how it could just sit on the book until it is filled regardless of price. After reading another article in the WSJ, it appears that the possible culprit was not ISOs themselves, but algos sending many ISOs at successively lower...

http://brokershandsontheirfacesblog.tumblr.com/

My take on the overall market right now is that its direction will be decided by the financial sector. The financials were the catalyst for the market collapse of last year and they appear to be the main driver for the recovery of the S&P 500 since March. Assuming that the financials will lead...

I think that it will fall back to 10 in the short term too. I bought a put on it the morning of 5/08 when it gapped up because it appeared weak. It will probably drift downwards for a few days and then come crashing down to 10, where I'll exit my trade. I don't know what to expect after that.