sell depth, page-3

Chewter,
They don't actually want to sell their shares, they want to push the price lower by selling a few and then putting a lot more on the sell side. Smaller/dumber investors panic and sell out. The large punters then buy what the smaller investors are selling, either straight away or after a certain trigger level has been reached.

It's M-A-N-I-P-U-L-A-T-I-O-N and it only works because UXA is a small company and there are quite a few nervous investors sitting on healthy profits. I'd love it if a big buyer came in and took out the fake sell bids but that rarely happens.

Here's a tip: Trading volume and price changes are a far better indicator of strength than market depth.

Hope that helps. :)