anyone noticed that LSPD seems to cater to the last of the momentum traders?? personally i find that whoever uses LSPD in some of the naz stocks i trade to be extremely annoying, but i have a bias against pegged orders, and that seems to be the only order type LSPD traders seem to use. ever notice that just about any naz stock will have an after hours bid for 0.01 from LSPD? do they really think anyone will sell to them at that price? seems totally like a lightspeed kinda thing to do...besides, i don't think it's permitted to allow market orders in extended hours trading anyway, making the 0.01 bid beyond retarded....pointless at best... the really stupid thing about those 0.01 bids is that they are only for 100sh, and if somebody who didn't know any better decided to sell to LSPD at that price, the trade would net the seller $1.00 (100sh X 0.01). considering the fact that anyone dumb enough to sell to the LSPD schmuck at that price probably trades thru datek, etrade, schwab, etc - why would anyone pay a $10-15 ticket to net $1.00 on the sale??? apparently many LSPD traders lack brains. the upside is that by trading against them you might put the odds in your favor. at least that's been my experience. if LSPD shows up and pegs the bid, chances are the move is just about over.