Everybody has a boiling point.
Greed feeds the fear, fear of losing money, fear of losing profit. MM's know this. They also know that some have bought on loans (zicarg). They'll try and make you reach your boiling point.
When someone who has reached his boiling point sells, he feels relief, safety.
That only lasts so long...because soon greed kicks in and the seller wants back in, this time cheering for the price to go down.
The sellers become the buyers.
Don't get manipulated by level 2 on both sides it doesn't mean anything. A true seller or buyer won't show his shares. If I put a sell order of 100,000 shares at 0,67 my intention would not be to sell, but to scare others into selling under me. Notice the asks that just stand there 3-5 cents above share price.
PS Insider buying (follow the money):
http://www.tmxmoney.com/TMX/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=cuu&x=0&y=0