i think your right...
NITE is not moving on the BID... meaning there is buying pressure...
UBS brought the ask down to .118 but my guess is they will move off as soon as they finish whatever sale they have. NITE is sitting there with him... either trying to push him down or to get off the ask...
My guess is we will see this uptick shortly when UBS moves off the ask... i think this closes at .12 for sure