Those questions are to Phlub btw.
Quote from Spooz Top:
it`s called no bids.....when bids vanish,what do you expect to support the stock ?with sellers stepping over each other to offer it downl & hit small existing bids in AH does`nt help.
get used to it....there will be plenty more where that came from in `08.
Quote from flipflopper:
Bullshit... there is no way EVERYONE can pull there bids so damn quick. One of these days look at the time and sales during an announcement and tell me that the price action makes sense.
The OP is pointing out something I also had noticed in the past. There HAS to be at least a few thousand shares bid or offered between ANY $5-$10 range in a stock like AAPL or RIMM.
When you look at the Time and Sales you will see pockets with ZERO bids or offers... and supposedly after hours there is no MM!?!?!??
If anyone has an educated answer I'd like to hear it.