Look at the 5 cent order depth, do you notice anything outstanding?
I do. Look again, do you not notice the solid foundation of over 100,000 shares on the Bid side?
Normally I would think that all those bidders would be falling over each other to get at the Asks, so why are they so spread out?
This share price has been manipulated for so long that we are conditioned ( like Pavlov's dogs ) not to expect much more.
Time 2009Nov27 16:12
# Orders |
Shares |
Bid |
Ask |
Shares |
# Orders |
18 |
118000 |
0.690 |
0.700 |
23000 |
2 |
29 |
339000 |
0.680 |
0.710 |
31000 |
5 |
11 |
198500 |
0.670 |
0.720 |
115000 |
6 |
12 |
101500 |
0.660 |
0.730 |
59000 |
4 |
21 |
198500 |
0.650 |
0.740 |
21000 |
2 |