Not true.
Some times the low is $6.51.
It never hit $6.50.
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Replying to @MasterBJones and @traderbjones
But if you put in 6.51 the bid still hits 6.50.
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You don't need an even number.
Theoretically If I put in a Buy for 100 shares at $6.61.
and the stock drops to $6.61.
I could get filled but not the buy at $6.60.