They bought their stock after the acquisition so paid plus 2c they tipped just enough out to shake sellers last week out to sell below 2c and now the bids are back
My thoughts they aren't wanting to sell but buy, selling out their holdings after buying over the last month results in a loss , and the amount of their buying in getting into the top20 is not based on day trading but other decision criteria
I remember people saying last week market depth looks sick , what about the look of it now???
Market depth is a basic market manipulator tool particularly when you have shares existing allowing you to play the ask side
MNQ Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held