Can be one of the following- people sending a msg1.Clearly 1c...

Can be one of the following- people sending a msg
1.Clearly 1c bid will never be filled so buyer is saying
"this stock is ovevalued , i doubt he has a postion
2. 10c may be real and is trying to support but clearly not a serious buyer or would be closer to action.
3. I dont think online brokers allow such out of money bids therefore buyer must be friendly with full service broker.
4.I have done this once or twice(not in cqt) --mocking the stock

In any case in this market trend is down so if you are going to need the money then sell is only option. Dollar price was in the bull market where at least 50% of price was sentiment.
Do your own research Im just a momentum trader and have no knowledge of cqt except their history . I dont even know the metals they are mining.