Now that the trades have settled down, and the b/a gap has been somewhat closed?

Earlier today, the gap was at .02, with the bid at times at .17 and the ask at .19.

As the price was walked down, the ask remained the same for most of the trades so that Joe investor would be paying a premium of over 11% for his purchase.

Now that the trades have settled down somewhat, do you think that the big order the MMs needed to fill has been filled? They didn't want Joe Investor to get in their way buying shares they were ready to sell at .175 (at the momentary ask) earlier today at 9:49... which was a 40K block, perhaps (and based on conjecture only) some institutional investor looking to get in at a low price?

I'm open to other thoughts on what happened earlier today... but remember that (according to Yahoo Finance) that there are institutions starting to acquire shares of EDIG based on prior to last quater info. Not many, but EDIG is getting on the radar scope of institutions, as well as others, such as analysts at Reuters (as mentioned here last month on this board).