RE: HEADED LOWER Was just a matter of time ... For the last 2 days now they have been filling the .23 cent bid. Nobody jumping up to take out the .24 cent offer. 57,000 shares so far traded today all at .23 cents. They left 500 on the bid at .23 to make it look like it is still bid at .23 cents. Looking at Level 2 it looks like .20 cents coming up next. Once the .20 cent bid is filled then .15 will be after that. You can see that nobody believes that management can move the stock anymore and this is why they have no buyers jumping at the offers anymore. They are always filling the bids mind you ....
Level 2 Quote
| Market Maker | Shares | Bid Price | Ask Price | Shares | Market Maker |
| -- | 500 | 0.230 | 0.240 | 7,000 | -- |
| -- | 25,500 | 0.225 | 0.245 | 10,000 | -- |
| -- | 12,000 | 0.220 | 0.250 | 45,000 | -- |
| -- | 18,000 | 0.205 | 0.255 | 100,000 | -- |
| -- | 156,000 | 0.200 | 0.260 | 4,000 | -- |
| -- | 8,000 | 0.195 | 0.265 | 4,000 | -- |
| -- | 10,000 | 0.190 | 0.270 | 4,000 | -- |
| -- | 25,000 | 0.185 | 0.275 | 4,000 | -- |
| -- | 500 | 0.180 | 0.280 | 4,000 | -- |
| -- | 3,000 | 0.165 | 0.285 | 4,000 | -- |