What happen to a stock that reach LRPs?...thats what I'm asking. Would the stock trade only AT LRPs when it reach to let buyers and sellers meet?
LRP is simply a supply of shares, either for sale, or to buy, at predetermined levels based on the specialist's algorythim. The stock would trade at those levels until the shares were gone, that's all. Don
Same as it has been forever. If there are more buyers, the stock continues up until the buyer is exhausted (filled). The LRP's are nothing more than levels where stock is being provided from various sources. Don