Exactly my point, the last price traded means nothing in the scheme of things. It is not indicative of any trend, it does not point to where the bulk of the action happened, and it can be so far out that it's not funny.

On numerous occassions I have noted that the bulk of activity might have been at the $3.00 amount for tens of thousands of dollars, the a $24.00 bet (The last bet recorded) might have been at $4.50 because someone was just plain desperate with only a split second to go before the jump & Cancel sequence.

This would then by their reckoning mean the 'Starting price' was $4.50 when in fact it should have been $3.00. This is a flawed model they are using.