Quote:
Originally Posted by pianospike
There was a trade that just went off at .22.
Do you have more info like 1) When 2) where 3) size of the trade 4) how many buyers/sellers in this "market"?
Assuming this isn't a level, I can only see someone being happy selling a $10k balance for $2.2k if they were completely oblivious to Tapie and/or thought they were never getting their money back.
Problem with $FT is that it's over the counter and it's extremely illiquid, so you're going to get huge spreads. If we had an exchange of at least 1000 participants (players + random outside speculators), imo bid/ask would be roughly at 0.45/0.65 right now. But we'll never know