I still think this is price manipulation by traders. I've noticed for quite a while now that just before the open, someone will put in a sell order which is BELOW the bid. Usually a small sell for 5 to 15 lots or so. So why would someone want to intentionally sell something for less than what is being offered on the bid? To me, this looks like someone who is trying to control the price range. Huge walls were up in the last two weeks both on the bid and the sell side. If I was a daytrader and had accounts at several different houses, I would be able to control the share price, provided I had either the funds to do it or a line of credit. I think traders usually have large lines of credit to be able to do what they do. If this is simply a Nova shareholder getting rid of his/her shares, then why the lowered ask prices first thing in the morning?

Also, re-read the post below regarding Level 2 deception.

http://agoracom.com/ir/Allana/forums/discussion/topics/613452-level-2-tricks-and-deception/messages/1923365#message

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