Someone please explain this

Discussion in 'Stocks' started by jrlvnv, Feb 9, 2007.

  1. jrlvnv


    This ZVZZT keeps hitting my stock scanner and it has a spread that is unbelieveable. This whole week during my down times I look at it. I have seen people hit the bid at around 5 dollars and the next sale goes for 10,000 during market hours. Not sure what is going on but I would love to find out why this stock trades this way.
  2. Its a test stock. It doesn't clear.
  3. jrlvnv


    thats interesting. why do they have a test stock?
  4. Nugget


    HeHe..Thats the first thing i learned before i started daytrading. My instructor said when you see something like that its a test stock. You see it alot in the morning printing..People use it to make sure their software is working and EVERYTHING IS A OK for the day. Its free to trade and you cant loose or make money on it, so knock yourself out.