Endless Supply
The supply of shares that are available between
.24 and
.26 seems endless. As soon as an order is filled within this range, there is another ask order just sitting on the sidelines. According to the Level II data the sellers are coming from a variety of houses, so this cannot be part of some plan for a big institutional player to keep a lid on the SP.
It just doesn't make any sense to me. Anyone have some insight that they would care to share.
-K