Time MMID Size Bid
07:30 HDSN 5000 0.02
10:38 UBSS 5000 0.02
07:30 PERT 5000 0.0001
Ask Size MMID Time
0.05 5000 HDSN 07:30
0.05 5000 PERT 07:30
0.00 0 UBSS 10:38
So what does the "0" ask and "0" size mean with UBSS (or any MM that posts a "0" price bid or ask)?
"A zero quote with a zero size for an ECN indicates that the ECN does nit have any interest on that side of the market."
Now there is almost nothing (only 3,800 shares) short interest, as of the latest report, suggesting that UBSS is not attempting to cover a short position but is right on the highest bid at .02.... possibly wanting to accumulate as much as possible on the way up (with HDSN posting the lowest actual ASK at .05). UBSS apparently does not want to sell any GCEH at this time.
IMO, buying at this level may be a real gift.... apparently the mms are trying to take this up slowly and aren't really looking to sell under .05....... unless they have to in order for this not to get away on them too soon.
But that's only my opinion and yours may differ... if there is anyone else reading this besides you emit... lol.