Looks like there is some relatively big resistance to overcome in order to get this moving appreciably higher. I currently see about 11K offered at 1.31, 19K at 1.32, 16K at 1.38 and 18K at 1.40.

In the past, I've seen these big lots sit there to keep prices down or at least stop them from going up too fast. Usually it's Anonymous (our market maker) that is the seller of these lots.

It makes me think that there might be a reason for trying to keep the sp in this range.

Just my opinion.

masila