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Is it unusual to find such a large spread in the bid/ask pricing? I was about to buy EK(foolish 4) and found the close at 61 1/2, [email protected], [email protected](TDWaterhouse). I was a bit shocked in that the spread was about 10% of the price. So I backed off from the purchase until I find out what the deal is. Having just read "Liar's Poker" I was particularly suspicious. What's up with this?
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